Author Question: Which of the following statements is false? A) It is possible to compare one firm's accounting data ... (Read 57 times)

cagreen833 · **on:** Jul 14, 2018

Which of the following statements is false?
A) It is possible to compare one firm's accounting data with another firm's accounting data as long as both firms used generally accepted accounting procedures.
B) Many managers compare the financial results from one accounting period with the results from previous accounting periods.
C) Most corporations include in their annual reports comparisons of important elements of their financial statements for recent years.
D) The format and information contained in one firm's financial statements are most likely to differ drastically from the format and information contained in another firm's financial statements.
E) Many firms compare their financial results with industry averages.

Question 2

Regina worked hard and successfully as a salesperson for B&J Realty Company. For the past three years, she surpassed her peers in quality and quantity of sales. Yet in comparing pay, she discovered that she makes less than two salespeople who are well liked by management. Consequently, she accepted a higher-paying job with B&J's top competitor. To avoid losing other salespeople like Regina, management should understand and apply
A) Herzberg's theory.
B) the expectancy theory.
C) the equity theory.
D) negative reinforcement.
E) Theory Y.