Shank Corporation uses a different depreciation method for its income tax return than it does for its income statement. Consequently, the corporation has a credit balance in its Deferred Income Taxes account. This balance should be classified as a
a. current asset.
b. long-term liability.
c. current liability.
d. long-term asset.
B
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Personality tests are more reliable than intelligence tests.
Answer the following statement true (T) or false (F)
Janie, a consultant for Howard & Associates LP, was given an objective to triple the client retention in her region by the end of the quarter. After her objective was met, Janie’s boss evaluated her performance and provided feedback. What should Janie’s boss do next when managing by objectives?
a. Give her more work to complete. b. Reward her. c. Have his assistant call her and congratulate her. d. Move on to the next objective.
Rapid inflation, cyclical unemployment, war, hurricanes, and floods are all examples of
A) diversifiable risks. B) physical hazards. C) nondiversifiable risks. D) speculative risks.
The organization, regardless of its type a manufacturing company, a software vendor, a business or a government agency embodies a methodology
Indicate whether the statement is true or false