Which of the following statements is true according to the text?
I. Employees are primarily responsible for finding resources for development plans in the performance execution state.
II Both employees and supervisors should rate performance in the performance assessment phase.
III. Any discrepancy between employee and supervisor ratings is unacceptable.
IV. Many sources can be utilized for data regarding performance.
A. All of the statements are correct.
B. I, II, and IV only are correct.
C. II and IV only are correct.
D. None of the statements are correct.
C
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The FASB states that when an issuer makes an additional payment to encourage conversion, the payment should be reported as an expense
a. true b. false
The major difference between a cash basis accounting system and an accrual basis accounting system is the timing of recording revenues and assets
Indicate whether the statement is true or false