Each incorporator must have an interest in the corporation.
Answer the following statement true (T) or false (F)
False
You might also like to view...
In preparing a work sheet, the amounts for the Trial Balance columns are copied from the
a. general journal; b. sales and purchases journals; c. general ledger; d. latest income statement and balance sheet; e. current chart of accounts
What factor related to manufacturing costs causes the difference in net earnings computed using absorption costing and net earnings computed using variable costing?
a. Absorption costing considers all costs in the determination of net earnings, whereas variable costing considers only direct costs. b. Absorption costing "inventories" all direct costs, but variable costing considers direct costs to be period costs. c. Absorption costing "inventories" all fixed manufacturing costs for the period in ending finished goods inventory, but variable costing expenses all fixed costs. d. Absorption costing allocates fixed manufacturing costs between cost of goods sold and inventories, and variable costing considers all fixed costs to be period costs.
External factors that cause the achievement of company goals are the
a. annual budget. b. industry price and cost structure. c. talents possessed by its managers. d. board of directors.
Liz offers to sell Jock her iPad for $500 without any accessories. Under the mirror image rule, Jock's response will be considered an acceptance ifthe terms of the acceptance A) exactly mirror those of the offer
B) change the items offered, but do not change the price. C) change the price, but do not change the items offered. D) ?change both the price and the items offered.