We record a long-term asset at its cost less all expenditures necessary to get the asset ready for use.
Answer the following statement true (T) or false (F)
False
We record a long-term asset at its cost plus all expenditures necessary to get the asset ready for use.
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The annual break-even point of a salesperson is $2,000,000 and his per month salary is $10,000. This means that:
A. the salesperson should generate $2,000,000 gross profit every year to cover the costs. B. the salesperson should generate $2,000,000 net profit every year to cover the costs. C. the salesperson should generate sales worth $2,000,000 every year to cover the costs. D. the salesperson should generate gross profit worth $80,000 to cover the costs. E. the salesperson is generating $80,000 profit compared to his fixed cost.
Answer the following statement(s) true (T) or false (F)
1. Open-system theory stems from cell biology. 2. One of the 10 distinguishing characteristics of open systems is “systems are cycles of events” which means that events, rather than things, provide identity. 3. If a change agent works in one part of the organization but does not consider the impact of the rest of the organization, it is considered a partial success. 4. The target for change is the individual not the system. 5. Process serves as the connection or link between pattern and the reinforcer of our support for the independent structure.
The ?2 value for a one-tailed test (lower tail) when the level of significance is .1 and the sample size is 15 is _____
a. 21.0642 b. 23.6848 c. 7.78453 d. 6.57063
________ is the term used to describe customer participation in the service delivery process.
Fill in the blank(s) with the appropriate word(s).