Many firms offer to reinvest stockholders' cash dividends in new shares of its stock through dividend reinvestment plans (DRIP).
Answer the following statement true (T) or false (F)
True
Firms can offer to reinvest dividends in newly issued stock of a firm using dividend reinvestment plans (DRIPs). See 13-2: Dividend Payments in Practice
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Financial statement fraud is typically committed by:
a. Employees with access to company assets b. Top management c. Customers d. Vendors
When considering persuasive claims and requests for adjustments, most claims are routine and use the direct approach
Indicate whether the statement is true or false.
Sunrise Coffee Shop sells coffee, fountain drinks, donuts, slices of coffee cakes, muffins, ground coffee, and specialty mugs. The owner would like to capture the revenues as beverages, food, retail items and sales tax. What columns should be included in the cash receipts journal?
A) Cash - Dr, Beverage Revenue - Cr, Food Revenue - Cr, Retail Revenue - Cr, Sales Taxes Revenue - Cr. B) Cash - Dr, Beverage Revenue - Cr, Food Revenue - Cr, Retail Revenue - Cr, Sales Taxes Payable Cr. C) Cash - Dr, Sales Taxes Payable - Dr, Beverage Revenue - Cr, Food Revenue - Cr, Retail Revenue - Cr. D) Beverage Revenue - Dr, Food Revenue - Dr, Retail Revenue - Dr, Cash - Cr, Sales Taxes Payable - Cr.
______________ sell laptops that use fingerprint readers as part of their security systems.
a. Aladdin Knowledge Systems b. Biometric Security Systems c. Lenovo and Fujitsu d. Privacy Rights Clearinghouse