Answer the following statements true (T) or false (F)

The pooling of interests consolidation method has been eliminated for new acquisitions by SFAS No. 141.


ANSWER: T

Business

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____________________ includes the wages and salaries of employees who devote their time to supervision or to work of a general nature

Fill in the blank(s) with correct word

Business

This question contains two parts; be sure to answer both. First, list at least four tips for handling a high volume of e-mail in a business setting. Next, suppose that you manage the back office of a car dealership. Explain how you would implement these tips in your office setting.

What will be an ideal response?

Business

Which of these statements is not true?

a. Asset, liability, and stockholders' equity accounts are referred to as permanent accounts. b. Revenue, expense, and dividend accounts are described as temporary accounts. c. Temporary accounts are closed at the end of the period to retained earnings. d. The balance sheet will not balance until the temporary accounts are closed to retained earnings. e. With double-entry, each transaction is recorded twice.

Business

Why are more companies implementing flexible working arrangements for their employees?

What will be an ideal response?

Business