A person's name reads "Dr. Alex Keating, Ph.D." This phrasing demonstrates the correct use of abbreviations before names
Indicate whether the statement is true or false
FALSE
This phrasing does not demonstrate the correct use of abbreviations before names. Do not
use "Dr." before a person's name that is followed by an abbreviation of an academic degree or
religious order.
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Which of the following is not a potential indicator of going concern problems for a client?
a. Negative trends in key financial ratios. b. Loss of key personnel. c. Plan to sell nonessential assets. d. Default on a loan.
The difference between the observed value of Y and the value predicted by the regression equation is called the standard error
Indicate whether the statement is true or false
Wiley Consulting purchased $8700 worth of supplies and paid cash immediately. Which of the following general journal entries will Wiley Consulting make to record this transaction? Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.
A.
| Cash | 8700? | |
| Supplies | 8700? |
B.
| Supplies | 8700? | |
| Accounts Payable | 8700? |
C.
| Supplies Expense | 8700? | |
| Accounts Payable | 8700? |
D.
| Accounts Payable | 8700? | |
| Supplies | 8700? |
E.
| Supplies | 8700? | |
| Cash | 8700? |
Companies can reduce loss from expropriation:?
A. ?by expecting low returns from high risk foreign subsidiaries. B. ?by establishing foreign subsidiaries in countries with volatile exchange rates. C. ?by financing the foreign subsidiary using foreign currencies. D. ?by obtaining insurance against economic losses from expropriation. E. ?by investing all the funds in one foreign subsidiary.