Areas that are utilized by many of the departments should be located centrally within an organization
Indicate whether the statement is true or false.
T
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The credibility standard of management accountants state that management accountants must communicate information fairly and objectively. This means essentially that accountants must perform each task
A) as professionals, possessing the degree of skill of those management accountants who held the position before them. B) to provide relevant information, both positive and negative, to the recipients of their reports. C) in conformity with generally accepted accounting principles. D) to the satisfaction of government regulators.
Employers prefer external recruiting by newspaper advertisements to other methods.
Answer the following statement true (T) or false (F)
In reality, most businesses generally use ______.
a. a combination of forward and backward scheduling b. forward scheduling only c. backward scheduling only d. advanced scheduling
Which of the following statements is CORRECT?
A. One defect of the IRR method is that it does not take account of cash flows over a project's full life. B. One defect of the IRR method is that it does not take account of the time value of money. C. One defect of the IRR method is that it does not take account of the cost of capital. D. One defect of the IRR method is that it values a dollar received today the same as a dollar that will not be received until sometime in the future. E. One defect of the IRR method is that it assumes that the cash flows to be received from a project can be reinvested at the IRR itself, and that assumption is often not valid.