Which of the following management functions involves self-knowledge and awareness of impact on others?
A) Interpersonal sensitivity
B) Communication
C) Representation
D) Monitoring
A) Interpersonal sensitivity
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Which of the following tells the reader about the content of the section that follows?
A) Heading B) Subheading C) Major heading D) Descriptive heading E) Informative heading
IFRS specifies that, in the context of inventories, market means
a. replacement cost, only. b. net realizable value, only. c. replacement cost, except that market may not exceed net realizable value and may not be less than net realizable value reduced by a normal profit margin. d. replacement cost, except that market may not exceed net realizable value and may not be less than present value of future cash flows. e. replacement cost, except that market may not exceed net realizable value and may not be less than the total amount of undiscounted future cash flows.
Quantity discounts lower the unit cost and tend to increase the required batch size
Indicate whether the statement is true or false.
A party who confers a benefit on someone else unnecessarily can invoke the principle of quasi contract to recover the cost.
Answer the following statement true (T) or false (F)