In a decision to drop a product, the product should be charged for rent in proportion to the space it occupies even if the space has no alternative use and the rental payment is unavoidable.
Answer the following statement true (T) or false (F)
False
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A contingent liability is recorded in the accounting records
A) if the contingency has not been described already in the notes to the financial statements. B) if it possibly will become an actual liability and the exact amount is known. C) under no circumstances. D) if it probably will become an actual liability and the amount can be reasonably estimated.
A decision regarding whether a capital project is desirable based upon some previously established minimum criteria is referred to as a(n) ___________________________________
Fill in the blank(s) with correct word
In small groups, discuss the role of HR professionals in ‘taking the lead’ in promoting a more ethical organisation. How successful do you think they have been? Do you think this should be a lead role of HR professionals and departments? Why or why not?
What will be an ideal response?
Which of the following would suffice for a signature on a writing under the statute of frauds?
a. A stamped signature b. A handwritten signature c. A name keyed at the bottom of an e-mail d. Any of the above would suffice. Judges define "signature" very broadly.