Treasury stock is classified as a(n)
a. asset.
b. contra-asset.
c. stockholders' equity account.
d. contra-stockholders' equity account.
d
You might also like to view...
Accounts receivable ledger and accounts payable ledger are examples of
a. controlling accounts. b. special ledgers. c. None of the answers listed d. subsidiary ledgers.
Which of the following is true?
a. Stratification is the splitting of data into case-specific tables. b. Stratification is an extension of summarization. c. Summarization provides detail for each grouping into tables. d. Stratification is utilized to create a z-score across data sets.
Generally, as the proportion of middle-income households in a country increases, the nation's purchasing power ________.
A. increases B. becomes progressively unstable C. becomes less of an economic priority D. decreases E. levels off
Which of the following best illustrates adjusting discrepancies of assortment?
A. General Motors makes Hummer for one product-market and Chevrolet for another product-market. B. RCA sold more than 2,000,000 TVs last year. C. Over 310 million U.S. consumers are served by approximately 330,000 manufacturers. D. A hardware store sells all the hardware items wanted by most people. E. Three firms produce over 60 percent of all the DVD players sold in the United States.