The MySQL SQL/PSM statement used to test for a condition and then direct which blocks of code should be run depending on the outcome of the test is ________
A) DECLARE
B) BEGIN
C) IF...THEN...ELSE...END IF
D) REPEAT
C
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John Company adopted a defined benefit pension plan on January 1, 2015, and prior service credit was granted to employees. The present value of that prior service obligation as of January 1, 2015 was $1,400,000 and is being amortized by the straight-line method over the remaining 20-year service life of the company's active employees. Additional information relating to the company's pension plan for 2015 is presented below: Annual service cost$132,000 Contribution to the plan (December 31, 2015)390,000 Interest cost10% Expected (and actual) return on plan assets12% ? What amount should be recorded in Prepaid/Accrued Pension Cost when recording the 2015 pension expense and funding at December 31, 2015?
A. $1,200 B. $48,000 C. $87,000 D. $94,800
When a company receives interest revenue on a long-term investment in bonds, ________.
A) long-term assets decrease B) long-term assets increase C) equity increases D) current assets decrease
When a valid grant deed is prepared, the title passes when it has been:
a. acknowledged b. delivered c. recorded d. signed
Variable manufacturing overhead costs are treated as product costs under both absorption and variable costing.
Answer the following statement true (T) or false (F)