For example, a survey cannot be altered in design once it has been administered, which relates to which criteria when selecting data gathering methods?
a. access
b. flexibility
c. investment required
d. relevance to the problem
b. flexibility
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One common problem with the current ratio is that it is susceptible to "window dressing." If prior to the end of the accounting period Saxon Company has a current ratio of 1.5 and management wishes to boost its current ratio it may decide to
a. pay off accounts payable prior to year end. b. purchase more inventory on account. c. purchase short-term investments with cash. d. purchase more inventory with cash.
The key findings of the GLOBE project are collectively referred to as the ______ theory.
A. diversity culture B. international endorsed C. super leadership endorsed D. culturally endorsed leadership
Identify and give an example of the three types of resource constraints.
Fill in the blank(s) with the appropriate word(s).
Ahi Corporation purchased merchandise on account from Yudder Inc on December 12, 2012. On December 13, 2012, Ahi returned damaged merchandise to Yudder and was granted an adjustment on its account. Ahi uses the periodic inventory system. What effect does the merchandise return have on Ahi's accounting equation?
A) Assets and equity decrease. B) Assets and liabilities decrease. C) Liabilities decrease and equity increases. D) Liabilities and equity decrease.