The par value of treasury stock is deducted from total Contributed Capital and Retained Earnings in determining total stockholders' equity

Indicate whether the statement is true or false


False

Business

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Since the purpose of depreciation is to match the total cost of the asset with the benefits to be derived from the asset, the costs of repairs and maintenance associated with the asset should be considered when choosing a depreciation method

Indicate whether the statement is true or false

Business

A sales ticket cannot be used as evidence of a sale

Indicate whether the statement is true or false

Business

Which of the following is not true regarding ABC?

a. ABC is too time-consuming and complicated for practical applications over a sustained period. b. ABC identifies the most and least profitable products and customers. c. ABC promotes the lean manufacturing philosophies of process simplification and waste elimination. d. All of the statements are true.

Business

Negotiators can take direct action to present facts that will directly enhance their position or make it appear stronger to the other party. Which of the following is not an example of a direct action to alter the other party's impressions?

A. selective presentation B. displaying an emotional reaction C. picketing D. justifying your position and desired outcome

Business