Unions are beginning to use their power as pension fund investors to support the labor movement by doing all of the following except:
A. Submitting shareholder proposals to limit executive compensation
B. Investing in companies that support workers or are unionized
C. Submitting shareholder proposals to ensure the independence of outside board members
D. Investing in companies overseas to protest the actions of U.S. companies
D. Investing in companies overseas to protest the actions of U.S. companies
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To determine cash payments for operating expenses for the statement of cash flows using the direct method, adecrease in prepaid expenses is added to operating expenses other than depreciation
a. True b. False Indicate whether the statement is true or false
Climate change is primarily due to an imbalance in the chemical cycling of the element carbon.
Answer the following statement true (T) or false (F)
Eliminations are important because they avoid double counting when consolidated financial statements are prepared
Indicate whether the statement is true or false
Penmark Corporation issued 15-year term bonds at a discount in 2010 . Interest is payable semi-annually. Which of the following statements is true, assuming that the effective interest method of amortization is used for the bond discount?
a. Interest expense decreases each six-month interest period. b. Interest expense as a percentage of the bond's book value changes from period to period. c. Interest expense increases each six-month interest period. d. Interest expense remains constant in amount for each interest period.