The shift of consumers from the use of computers to smart phones and its impact on Facebook:
a. Was fully disclosed in the original prospectus for the company's IPO
b. Was not material for purposes of disclosure on its IPO
c. Was not fully disclosed in Facebook's prospectus
d. Was not relevant to Facebook's profitability
.C
You might also like to view...
You should retain visuals you develop as you brainstorm in order to ________________
a. better remember your ideas b. prove you have done work c. get input on your ideas d. protect your intellectual property
Which of the following investments is an example of a pooling arrangement?
A) A share of common stock B) A commodity futures contract C) A mutual fund D) A corporate bond
A company has $96,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is a(n) $860 debit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:
A. $2980 B. $3840 C. $860 D. $4700 E. None of these is correct.
Zero balance accounts reduce disbursing float
Indicate whether the statement is true or false