Two of the advantages of implementing 360-degree feedback systems are that employees have increased commitment to improve and that they have more control over their careers

Realized gains or losses occur when a company adjusts an asset to fair value but has not yet disposed of the asset

Indicate whether the statement is true or false

What you owe that will require you to give up economic value in the future is a(n) ___________________.

a. Asset b. Liability c. Expense d. Cost