Under the Foreign Sovereign Immunities Act, a foreign state can be a political subdivision of a foreign state
a. True
b. False
Indicate whether the statement is true or false
True
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What are American Express Latin America's rules for successful teams?
What will be an ideal response?
A deceased joint tenant's will is effective over the right to survivorship
Indicate whether the statement is true or false
Able Corporation uses a job-order costing system. In reviewing its records at the end of the year, the company has discovered that $2,000 of raw materials has been drawn from the storeroom and used in the production of Job 110, but that no entry has been made in the accounting records for the use of these materials. Job 110 has been completed but it is unsold at year end. This error will cause:
A. Finished Goods to be understated by $2,000 at the end of the year. B. Cost of Goods Sold to be overstated by $2,000 for the year. C. Cost of Goods Manufactured to be overstated by $2,000 for the year. D. Work in Process to be understated by $2,000 at year end.
Below are typical transactions for a company. Indicate whether each transaction is classified as a financing, investing, or operating activity. ?Type of Business ActivityRelated Transactions1.________Sell common stock to investors.2.________Receive cash from customers.3.________Incur amounts owed to employees.4.________Sell services to customers.5.________Incur cost of utilities.6.________Purchase rent one year in advance.7.________Pay for cost of advertising.8.________Purchase building for operations.9.________Purchase supplies on credit.10.________Distribute cash to stockholders.
What will be an ideal response?