Firms account for changes in estimates, such as for depreciable lives, uncollectible accounts, or warranty cost, prospectively, in current and future periods' earnings
Indicate whether the statement is true or false
T
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On April 1 . 2014, Ziba Inc purchased as a temporary investment $100,000, face amount, 10% U.S. Treasury notes; they pay interest semiannually on January 1 and July 1 . The notes were purchased at 102 . Which of the following entries correctly records this purchase?
a. Trading Securities--10% U.S. Treasury Notes. 100,000 Interest Receivable......................... 2,500 Premium on Trading Securities............... 2,000 Cash..................................... 104,500 b. Trading Securities--10% U.S. Treasury Notes. 102,000 Interest Receivable......................... 2,500 Cash..................................... 104,500 c. Trading Securities--10% U.S. Treasury Notes. 100,000 Interest Receivable......................... 4,500 Cash..................................... 104,500 d. Trading Securities--10% U.S. Treasury Notes. 102,000 Cash..................................... 102,000
Immunity from prosecution of visiting foreign heads of state is an example of ______________.
What will be an ideal response?
From an organizational perspective, creativity:
a. is needed under situations of uncertainty. b. is necessary to encourage innovation and change. c. is fostered without organizational support. d. involves little risk.
A(n) _______ contains information about the physical and chemical properties of hazardous products.
A. SDS B. IEDI C. PCPI D. FMCS E. AFUS