Which of the following major human resource functions would include building effective teams within an organizational structure?
A. Employee and labor relations
B. Safety and health
C. Human resource development
D. Human resource research
Answer: C
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Which of the following indicators relating to lease capitalization is an example of IFRS criteria being more principles-based than GAAP with respect to lease accounting?
A) The title must transfer to the lessee at the end of the lease term. B) The present value of the payments must be at least 90% of the fair value of the asset. C) The lease term must be a major part of the economic life of the asset. D) The lease agreement must contain a bargain purchase option.
An opportunity cost is ________.
A) the cost incurred to gain the opportunity to make a sale B) the benefit gained by choosing a certain course of action C) the benefit given up by choosing an alternative course of action D) costs that have been incurred in the past
Answer the following statements true (T) or false (F)
Disclosure will become less important in the future because of market efficiency.
Carolyn agrees to sell Marianne an antique handmade lace tablecloth for $1,500. When Carolyn discovers that her cousin wants it too, she breaks the contract with Marianne. Marianne can ask the court to order:
A) nominal damages. B) specific performance. C) restitution. D) equitable rescission.