Start-up and organization costs
a. are capitalized, but never amortized.
b. are capitalized and amortized, usually over five years.
c. are expensed in the year incurred.
d. appear on the balance sheet as a current asset.
C
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Domino Company ages its accounts receivable to estimate uncollectible accounts expense. Domino began Year 2 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $76,500 and $5,800, respectively. During Year 2, the company wrote off $4,640 in uncollectible accounts. In preparation for the company's estimate of uncollectible accounts expense for Year 2, Domino prepared the following aging schedule:Number of DaysPast DueReceivablesAmount% Likely to beUncollectibleCurrent $104,000 1% 0-30 45,000 5% 31-60 9,920 10% 61-90 4,440 25% Over 90 3,800 50% Total $167,160 What amount will be reported as uncollectible accounts expense on the Year 2 income statement?
A. $4,640 B. $1,512 C. $7,292 D. $6,132
Who are angel investors?
a. Wealthy individuals who invest in startups b. Corporations who invest in startups c. Small lobby groups working to fund ventures according to specific industries d. Groups of people who sit on several Boards of Directors
When using the indirect strategy in a persuasive message, you should place the reasons and explanations A) in the closing of the message
B) after the main idea. C) before the main idea. D) in an attachment to the message.
Changing a task to make it inherently more rewarding, motivating, and satisfying is referred to as
A. job rotation. B. task enlargement. C. job enrichment. D. job development. E. job enlargement.