An income statement includes ________
A) Land and Salaries Payable
B) Common Stock, Retained Earnings, and Dividends
C) Furniture and Cash
D) Service Revenue and Utilities Expense
D
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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.
Life insurance companies like Prudential hope to get you to worry about how your loved ones will be provide for themselves once you have passed away. They paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a ________.
A. life cycle appeal B. rhetorical appeal C. fear appeal D. humorous appeal E. security appeal
What type of tone is appropriate in a business report? What type of tone should be avoided?
Bren leases an apartment from Cris for one year. After two months, she sublets the premises for the next six months to Dee, without obtaining Cris's consent. Dee pays the rent for only four months. For the last two months of Dee's six-month term, Bren is
A. liable for the rent, because Dee defaulted. B. liable for the rent, because the sublease lacked Cris's consent. C. not liable for the rent, because Bren does not own the apartment. D. not liable for the rent, because Bren sublet the premises to Dee.