Which of the following is not a generally practiced method of presenting the income statement?
a. Including prior period adjustments in determining net income
b. The single-step income statement
c. The consolidated statement of income
d. Including gains and losses from discontinued operations of a component of a business in determining net income
Answer: a. Including prior period adjustments in determining net income
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According to the text, which of the following is NOT one of the three sources of sampling frame error that is present in the telephone book?
A) It does not contain unlisted numbers. B) It does not contain zip codes for the listed numbers. C) It does not contain the telephone numbers of the people who have moved into the area after the telephone book was published. D) It lists the inactive telephone number of people who have moved out of the area since the telephone book was published. E) C and D
What is the goal of feedback?
A. To improve future performance B. To keep the lines of communication open C. To ensure employees understand the effects of behaviors D. To improve communication between supervisors and employees