Soap is an example of a pure tangible good
Indicate whether the statement is true or false
TRUE
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Spot Corporation declared a cash dividend on December 30, 20A, payable on January 10, 20B. A journal entry for the dividend was not made in December 20A. The effects on the 20A financial statements were
A. retained earnings and liabilities were understated. B. retained earnings and liabilities were overstated. C. expenses were understated. D. retained earnings was overstated and cash understated. E. retained earnings was overstated and liabilities understated.
Which of the following statements is NOT true regarding decision trees?
A. Decision trees should only be used for new-product decisions when no uncertainty is present. B. Decision trees can be used for other management problems besides product design. C. A decision tree is a great tool for thinking through a problem. D. Decision trees are particularly helpful when there are a series of decisions and various outcomes that lead to su...