To capitalize on the benefits of video display terminals while safeguarding employee health, employers should make sure that employees sit in a stable chair with the computer screen four to nine inches above eye level.
Answer the following statement true (T) or false (F)
False
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The allowance method is consistent with which of the following accounting concepts?
a. Historical cost principle; b. Period concept; c. Entity concept; d. Matching principle; e. Relevancy concept
The board of directors of Berweck Corporation declared a cash dividend on January 18, 2010, to be paid on February 18, 2010, to shareholders holding the stock on February 2, 2010 . Given these facts, the date February 2, 2010, is referred to as the
a. date of declaration. b. date of payment. c. ex-dividend date. d. date of record.
Assuming that the current ratio was 1.6 times and the quick ratio was 1.4 times before this transaction, the entry to record the payment of a previously declared and recorded cash dividend will
a. increase the current ratio and the quick ratio. b. decrease the current ratio and the quick ratio. c. increase the current ratio but have no effect on the quick ratio. d. have no effect on the current ratio or the quick ratio.
Trading-area delineation is more exact for new stores than for existing stores
Indicate whether the statement is true or false