An entry is required both on the date of declaration and the date of payment

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


True

Business

You might also like to view...

The mental characteristics of people and the way they relate to their environment and social group are called ecology

Indicate whether the statement is true or false

Business

Almost all current liabilities affect the operating category of the statement of cash flows, but one that does not affect cash provided by operating activities is

a. accounts payable. b. interest payable. c. notes payable. d. taxes payable.

Business

Which of the following is true regarding the laws that place limits on marketing activity?

A. Strict enforcement of existing laws and heavy penalties could have far-reaching effects on the macro-marketing system. B. Managers who ignore consumer attitudes may cause new laws to be enacted or existing laws to be modified. C. Laws set the minimum standards for ethical behavior as defined by a society. D. Some existing laws may need to be modified or enforced more carefully, instead of adding new laws. E. All these statements are true.

Business

Products may be completely banned from importation into the U.S. if they hurt national security

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

Business