Tia has complaining lately of sore eyes along with pains in her back, neck, and shoulders at the end of a work day. It is likely that Tia spends her day working at a computer screen.
Answer the following statement true (T) or false (F)
True
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The operating cycle of a manufacturer is the length of time between the
a. purchase of raw materials and the sale of the goods. b. sale of the goods and the collection of any outstanding receivables from the sale of the product. c. purchase of raw materials and collection of any outstanding receivables from the sale of the product. d. purchase of raw materials and the production of goods.
Which of the following statements is true?
a. Management is more important to an organization. b. Leadership is more important to an organization. c. Both management and leadership are necessary for an effective organization. d. Neither one is necessary for an effective organization if there are informal leaders.
The big problem a franchisor faces is
A. allowing franchisees to achieve scale economies. B. maintaining quality control due to a lack of commitment to consistency and standardization. C. eliminating the costs and risks associated with establishing a foreign business location. D. achieving higher product quality and better product performance than with an export strategy. E. sharing foreign facilities and marketing strategies with local businesses.
Indicate whether each of the following statements is true or false.________ a) MACRS is an accelerated depreciation method commonly used for tax purposes.________ b) The half-year convention is a semiannual meeting of accountants and educators.________ c) MACRS requires that the taxpayer estimate the salvage value of assets.________ d) The use of MACRS provides tax benefits in the early years of an asset's life, compared to use of the straight-line method.________ e) Most companies use the same depreciation method for both financial reporting and tax reporting.
What will be an ideal response?