In the income statement, EBIT minus interest costs equals ________.
A. gross profit
B. pre-tax profit
C. net profit
D. COGS
Answer: B
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Why are audits of most stock issuance usually considered to be relatively straightforward?
a. The number of transactions is small. b. The transactions are typically material. c. Most stock is issued for cash. d. There are no disclosure issues to worry about, since stock amounts are reported in the body of the balance sheet.
Job recruiters find formal networking sites like ________ to be a great resource in finding job candidates
A) LinkedIn B) Twitter C) Facebook D) Bing E) Google
Which of the following is NOT included in calculating earned value?
a. budgeted costs b. actual costs c. value generated by the project d. potential benefits of the project to the company
Which of the following is generally true regarding the liability of members of a limited liability partnership for malpractice?
a. Members split evenly among themselves 50% of any assessed liability for malpractice against any member with the limited liability company retaining liability for the remaining 50%. b. Members are not liable for their own malpractice or for the malpractice of other members because recovery for malpractice may only be obtained from assets of the limited liability partnership itself. c. Members are liable for their own malpractice but not for the malpractice of other members. d. Members are liable for their own malpractice and also for the malpractice of other members.