Liquidity is positively related to financial flexibility but negatively related to risk and return on investments
Indicate whether the statement is true or false
True
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An excellent way to avoid difficult employee’s outbursts in the future is to ______.
A. bond with that employee B. try to change their personality C. ask others in the office to not annoy that employee D. ask questions and think critically about the answers
The allowance method that assumes a given percent of a company's credit sales for the period is uncollectible is:
A. The percent of accounts receivable method. B. Factoring method. C. The aging of accounts receivable method. D. The percent of sales method. E. Direct write-off method.
Successful organizational behavior managers use this________________, which is a wealth of proven research as a basis for understanding different situations.
a. Evidence-based management b. Strategic management c. Human resource management d. Crises management
The IRS files criminal charges against Rich for evasion of federal taxes. Rich's accountant, Sonya, is summoned to appear in court to testify against Rich. The state where the incident occurred recognizes an accountant-client privilege. Does Sonya have to testify in federal court against her client?
a. Yes. b. Yes, but only if she is granted immunity by her state. c. No, the federal court must recognize her state's accountant-client privilege. d. No, the federal accountant-client privilege will protect her from testifying.