A guaranteed payment is treated as:
A. A separately stated item.
B. Both a separately stated item and an ordinary expense.
C. An ordinary expense.
D. None of these.
Answer: B
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Gabriel, the CEO of a large global production company, is excited about the introduction of statistics and computer simulations in the design stage of the company's products. Gabriel is using
A. the design approach. B. quantitative techniques. C. MBO. D. scientific management. E. behavioral management.
Costs of normal shrinkage and normal continuous losses in a process costing environment are handled by the method of accretion
Indicate whether the statement is true or false
One of the main disadvantages of the corporate form is the:
A) professional management. B) double taxation of dividends. C) charter. D) corporation must issue stock.
Explain the advantages and disadvantages of an ESOP.
What will be an ideal response?