Which one of the following accounts is included in stockholders' equity?
A) Long-term debt
B) Deferred taxes
C) Plant and equipment
D) Accumulated retained earnings
E) Dividends paid
D) Accumulated retained earnings
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Failure to record the supplies used during the year would result in which of the following?
a. Net income being understated b. An overstatement of liabilities c. Stockholders' equity being overstated d. Total assets being understated
A new staff member on an audit engagement may own stock in that client until the audit report is issued
a. True b. False Indicate whether the statement is true or false
Low-interest financing and longer warranties are both examples of ________ pricing
A) segmented B) promotional C) product bundling D) captive product E) product form
Which of the following communication network gives a flow of information among members although the people are at the end of the network?
A. circle B. wheel C. chain D. all-channel