When the market value of available-for-sale securities exceeds cost, an unrealized loss appears in stockholders' equity as an addition

Indicate whether the statement is true or false


False

Business

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Suppose a country has a population of 61 million, of which 37 million are in the working-age population. Of those, 11 million are not in the labor force and 23 million are employed. The unemployment rate is

A. 12.7 percent. B. 11.5 percent. C. 8.1 percent. D. 4.9 percent.

Business

A petty cash voucher only needs to include the date, the payee, and a description

Indicate whether the statement is true or false

Business

Which of the following is an example of an irrevocable offer?

A) counteroffer B) gift promise C) option contract D) accommodation

Business

Which clause in a will distribute all property not disposed of in the otherclauses of the main body of the will?

a. Devise b. General legacy c. Residuary clause d. Exordium clause

Business