A deed need not be recorded to be valid
Indicate whether the statement is true or false
True
You might also like to view...
Vroom Motors, an automobile company, ties individual performance, profits, and other measures of employees' success to a particular form of pay. This form of pay is influential because the amount paid is linked to certain predefined behaviors or outcomes. What pay structure is exemplified in this scenario?
A. piecework rates B. minimum wage C. incentive pay D. overtime pay E. salary
Use the information in the adjusted trial balance presented below to calculate current assets for Wicked Wicker Company: Account TitleDr. Cr.Cash$26,000? Accounts receivable 17,000? Prepaid insurance 7000? Equipment 110,000? Accumulated depreciation-Equipment $55,000? Land 96,000? Accounts payable 18,000? Interest payable 2650? Unearned revenue 5300? Long-term notes payable 33,000? Retained earnings 142,050? Totals$256,000??$256,000?
A. $96,000. B. $50,000. C. $41,200. D. $18,000. E. $256,000.
Which of the following is TRUE of consolidated statements?
A) They combine the balance sheets, income statements, and statements of cash flows of the parent company with those of its peer group firms. B) They combine the balance sheets, income statements, but not the statements of cash flows of the subsidiary company using the consolidation method. C) They combine the balance sheets, income statements, and statements of cash flows of the subsidiary company with those of its investee firms. D) They combine the balance sheets, income statements, and statements of cash flows of the parent company with those of its controlling interest affiliates.
Social media giant Facebook Inc. decided to expand outside its home market in order to
A. achieving differentiation through economies of scale, experience, and increased purchasing power. B. identify new and stronger resources and capabilities in its home market. C. increase its business risk by competing with local social media providers such as WeChat. D. gain access to new customers for the company's products/services. E. match its core competencies and capabilities with rival social media companies such as Snapchat and Instagram.