The entry to record the declaration of a cash dividend will
a. not affect working capital.
b. reduce working capital.
c. not affect total stockholders' equity.
d. increase total stockholders' equity.
B
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The decision in INS v. Chadha established that:
a. only the House of Representatives may invalidate a decision of an executive agency b. only the Senate may invalidate a decision of an executive agency c. only a bicameral legislative decision may invalidate a decision of an executive agency d. decisions of an executive agency may not be invalidated by anyone except the president
Under what circumstances can a defendant who is served with an appointment for a judgement debtor examination be put in jail?
A) If he fails to pay the judgement. B) If he fails to file a defence C) If he fails to honour a notice of garnishment D) If he willfully fails to attend the examination E) None of the above
The ________ criterion results in the maximum of the minimum payoffs
A) minimax B) maximax C) maximin D) minimin
A citizen of York purchased a truck in 20X3 for $50,000. On June 10, 20X9, she donated the truck to York. The fair value of the truck on the date of donation was $30,000. How should York report the truck in its government-wide Statement of Net Assets?
A. Machinery and equipment should be increased $30,000. B. Machinery and equipment should be decreased $20,000. C. No asset should be reported because no expenditures were made to acquire the truck. D. Machinery and equipment should be increased $50,000.