In the new product development process, the purpose of idea generation is to create a large number of ideas and the purpose of the next set of stages in the process is to reduce that number

The generally accepted accounting principles for trading securities include all of the following except

A) initially recording the investment at cost. B) subsequently valuing the investment at fair value. C) including unrealized holding gains and losses as a component of shareholders' equity. D) including interest and dividend revenue as part of income.

The dividend irrelevance theory, proposed by Miller and Modigliani, says that as long as a firm pays a dividend, how much it pays does not affect either its cost of capital or its stock price

Indicate whether the statement is true or false