Which of the following states that the business should use the same accounting methods from period to period?
A) materiality concept
B) consistency principle
C) conservatism
D) disclosure principle
B) consistency principle
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Which of the following statements is true?
A. The AMT rate is 25% of AMT income after exemption. B. All corporations are subject to AMT. C. The Tax Cuts and Jobs Act of 2017 repealed the corporate alternative minimum tax (AMT) beginning in 2018. D. Small corporations with average annual gross receipts of less than $10 million are not subject to AMT.
What does an employer violate when it terminates an employee for refusing to do something unethical, unsafe, and illegal?
A. equal opportunity employment B. fair representation C. reverse discrimination D. public policy E. affirmative action
Defend or refute the following statement with specific supporting information: Adaptive leadership is the most relevant of the leadership approaches I have studied so far.
What will be an ideal response?
A corporation is perhaps the easiest form of business to organize.
Answer the following statement true (T) or false (F)