Which of the following is a fixed asset?

A) land
B) accounts payable
C) accruals
D) notes payable


A) land

Business

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Under IFRS, an item such as a convertible bond must be separated into two parts, showing one part in the Liability category and the other part in the Stockholders' Equity category

a. True b. False Indicate whether the statement is true or false

Business

The difference between the smallest and largest values of a distribution is called the variance

Indicate whether the statement is true or false

Business

The work sheet of PSI Company shows Income Tax Expense of $9,000 and Income Tax Payable of $9,000 in the Adjustments columns. What will be the ultimate disposition of these items on the work sheet?

a. Income Tax Expense will appear as a debit of $9,000 and Income Tax Payable as credit in the Balance Sheet columns. b. Income Tax Expense will appear as a debit of $9,000 and Income Tax Payable as credit in the Income Statement columns. c. Income Tax Expense will appear as a debit of $9,000 in the Balance Sheet columns and Income Tax Payable as credit in the Income Statement columns. d. Income Tax Expense will appear as a debit of $9,000 in the Income Statement columns and Income Tax Payable as credit in the Balance Sheet columns.

Business

Lea is shopping for low-calorie frozen dinners to take to work for lunch. Lea has always been mindful of the total calories and the number of fat grams in these dinners. However, after reading an article about the high sodium counts in frozen meals and the maximum grams of sodium a woman should eat daily, she now pays attention to the sodium as well. The changes in Lea's thought processes and behavior caused by this information are called

A. learning. B. attitude formation. C. patronage motives. D. personality. E. motivation.

Business