The ________ depreciation method allocates equal amounts of an asset's cost to depreciation during its useful life.
Fill in the blank(s) with the appropriate word(s).
straight-line
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Which of the following is not considered a motive to manage earnings?
a. To create optimal manager compensation payments. b. To create optimal job security for senior management. c. To create optimal measures of assets and liabilities for balance sheet purposes. d. To manage reported earnings in order to reduce industry-specific actions.
Fiskar's "Fiskateers," a program for the company's most loyal customers that has increased online interaction and sales, is an example of ________
A) social network marketing B) sponsorship C) transactional marketing D) broadcasting E) advertising
One of the reasons that knowledge management is becoming more important and formalized is because the rapid pace of change is making it very difficult for people to maintain their skills through training alone.
Answer the following statement true (T) or false (F)
On January 1, $328,800 of par value bonds with a carrying value of $346,000 is converted to 54,800 shares of $5 par value common stock. The entry to record the conversion of the bonds includes all of the following entries except:
A. Debit to Bonds Payable $328,800. B. Credit to Paid-In Capital in Excess of Par Value, Common Stock $72,000. C. Credit to Common Stock $274,000. D. Debit to Premium on Bonds Payable $17,200. E. Debit to Bonds Payable $346,000.