Which of the following statements regarding goodwill is false?
A) Goodwill is never amortized for financial reporting purposes.
B) A company must review its goodwill for impairment annually.
C) A company must review its goodwill for impairment whenever events or changes in circumstances occur that would more likely than not reduce the fair value below its carrying value.
D) A company records goodwill at the time that it acquires another company or at the time it determines that material intellectual capital exists in its employees.
D
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An unfavorable labor rate variance may be created by employing more experienced workers in tasks that normally require less experienced workers
Indicate whether the statement is true or false
________ often come at the expense of ________ because a single customer segment will likely require a variety of products, each of which will have to designed and manufactured.
A. Distributor synergies; supplier synergies B. Supplier synergies; consumer synergies C. Marketing synergies; product synergies D. Product synergies; marketing synergies E. Marketing synergies; finance synergies
One criticism of servant leadership is ______.
A. researchers have been unable to reach a consensus on a common definition B. servant leadership makes altruism the central component of the leadership process C. there is not enough focus on the role of influence and power in leadership D. a follower’s readiness to receive servant leadership moderates its potential usefulness
When writing a first draft
A) begin revising as soon as you have a paragraph completed. B) remember that it's easier to polish words in your head than on the page. C) don't worry about style or correctness. D) move quickly from author to editor. E) have a friend or coworker critique each page.