Cultures that focus on what a person does and accomplishes are called
A) relationship-oriented B) culture-oriented C) task-oriented D) value-oriented
C
Business
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If a firm is projected to increases revenues by 10% AND net income by the same amount, which of the following must be TRUE?
A) There can be no variable costs. B) There can be no fixed costs C) There can be no taxes. D) The change in expenses must be exactly equal to the change in revenues.
Business
Which basis of accounting is used by funds that have a current financial resources measurement focus?
a. full accrual basis b. cash basis c. modified accrual basis d. modified cash basis
Business