In cellular communications systems, base stations (BS) are located
in the geographic center of cells and handle communications
between mobile units and the rest of the network.
Indicate whether the statement is true or false
T
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Jonas Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Ridgeline Corporation, at face value, on June 30, 2018. The bonds pay interest on June 30 and December 31. Jonas intends to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2023.
Prepare the journal entry for December 31, 2018 (omit the explanation).
In considering interim financial reporting, how does FASB ASC Topic 270 conclude that such reporting should be viewed?
a. As reporting for a basic accounting period b. As reporting for an integral part of an annual period c. As a "special" type of reporting that need not follow generally accepted accounting principles d. As useful only if activity is evenly spread throughout the year so that estimates are unnecessary
Which of the following statements is NOT correct concerning the Manufacturing Overhead Budget?
A. The Manufacturing Overhead Budget is prepared after the Sales Budget. B. The Manufacturing Overhead Budget shows the expected cash disbursements for manufacturing overhead. C. The Manufacturing Overhead Budget shows only the variable portion of manufacturing overhead. D. The Manufacturing Overhead Budget provides a schedule of all costs of production other than direct materials and labor costs.
What is the NAICS code? Explain its six-digit hierarchical structure
What will be an ideal response?