Project team productivity is at its peak during the norming phase of group development
Indicate whether the statement is true or false
FALSE
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At the end of 2016, Clock Products, Inc determined that one of its patents was worthless. The patent had a cost of $300,000 . The patent had been amortized for 5 years of its estimated 15-year legal life. Which of the following statements is correct?
a. Clock Products must continue to amortize the patent over its remaining 10 years of life. b. The patent must be reduced to 5/15, or 33.3% of its original cost and amortized over the remaining 10 years. c. The remaining unamortized cost must be removed from the accounting records and treated as a loss on the income statement. d. Clock Products must correct its financial statements for the past five years, so that the entire cost is allocated to that five-year period.
During the early days of business growth, many sold or bartered products from their homes in what became known as ________.
A. service industries B. cottage industries C. customer-focused organizations D. outsourcing organizations
Evidence suggests that real-time customer chat increases the dollar value of transactions.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
Risk in investment can be eliminated by improved accounting and auditing procedures.