The use of import quotas represents the most common form of tariff barrier

Indicate whether the statement is true or false


False

Business

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On May 1, 2016, Plotter, Inc, issued $30,000 of ten-year, 12% bonds payable dated January 1, 2016. The cash received amounted to $29,808. The bonds pay interest semiannually. Potter's fiscal year ends on June 30, 2016. What amount of interest expense should be reported on the income statement prepared on June 30, 2016, assuming straight-line amortization?

A) $603.20 B) $669.60 C) $549.60 D) $609.60

Business

Fraud related to revenue recognition will most likely be identified by the auditor through which of the following independent situations?

a. Sales have increased 5% in the current period over the previous period and is consistent with the results of competitors. b. Gross margin is equivalent in the current period to previous periods and is below that of the industry. c. Sales are higher in the month preceding each quarter end. d. The sales of a revolutionary new product are increasing beyond that of the competition in the periods immediately following its introduction.

Business

Write out three main points for a key-word outline (the body of a speech only) on the topic of making the best peanut butter and jelly sandwich. Use either the topical or chronological organizational pattern, and use the correct letters and numbers for main points.

What will be an ideal response?

Business

A diagram of the operating structure of an organization is called an organization chart

Indicate whether the statement is true or false

Business