When preparing financial statements, the internal portion of investment pools would be reported under which fund?
A. Private purpose trust fund.
B. The fund(s) providing the resources.
C. Permanent fund.
D. Investment trust fund.
Answer: B
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Which type of corporate name contains recognizable words or word parts that imply what the company is about?
A) overt B) implied C) conceptual D) iconoclastic
Kangjon Company allows each employee two weeks' paid vacation after the employee has worked at the company for one year (50 weeks work). On the basis of past experience, management estimates that 80 percent of employees will qualify for vacation pay this year. Assume that the March payroll is $400,000. Compute the vacation pay expense for the month. Show your computation
If an accrued liability for salaries is not recorded, income for the following period will be overstated
Indicate whether the statement is true or false
Reinforcement is a reduction in ________ resulting from a positive-response experience
A) perception B) drive C) cues D) attitudes E) stimuli