Answer the following statement(s) true (T) or false (F)
Planning is not essential to the success of an undertaking.
ANSWER: False
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When using common-size statements,
a. data may be selected for the same business as of different dates, or for two or more businesses as of the same date. b. relationships should be stated in terms of ratios. c. dollar changes are reported over a period of at least three years. d. All of these are correct.
Explain how society at large can be hurt by companies using unethical financial and management practices
What will be an ideal response?
Amy makes use of the Galatea effect when she says to herself
A) "Whatever results I achieve will be good enough." B) "I intend to be one of the best performers in the company this year." C) "Life is beautiful if you stop to smell the roses." D) "If I set my goals low enough, I know I will succeed."
Will the number of shares of stock issued and the number of shares of stock outstanding always be the same? Why or why not?
What will be an ideal response?