Explain how to record the sale of non-influential equity securities.
What will be an ideal response?
When non-influential equity securities are sold, the difference between the net proceeds (sale price less fees) and the cost of the individual non-influential equity securities that are sold is recognized as a gain or loss. Any prior period fair value adjustment is not used to compute the gain or loss from the sale. Gains and losses are included in net income for the period. When the period-end fair value adjustment for the portfolio of non-influential equity securities is computed, it excludes the cost and fair value of any securities sold.
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What does the sleeper effect suggest about source credibility?
A) If a receiver is not paying attention, a message cannot be effective. B) Many people can learn the important parts of a message even when asleep. C) The effectiveness of a message will increase over time. D) The effectiveness of positive sources over less positive sources can be erased over time.
An example of a source document would be
a. a trial balance; b. cash; c. an invoice; d. a general journal; e. a general ledger
________ are sets of interdependent organizations that help make the product or service of a company available for use by consumers or business users
A) Research and development channels B) Upstream channels C) Marketing channels D) Raw materials suppliers E) Backward integration chains
Which German philosopher established the “I-It” and “I-Thou” concept?
A. Dennis Reina B. Jurgen Habermas C. Martin Buber D. Peter Salovey