A successful persuasive message flowing downward requires_________ words.
Fill in the blank(s) with correct word
Ans: warm
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An entity's physical count of inventories was lower than the inventory quantities shown in its perpetual records. This situation could be the result of the failure to record:
A. sales. B. purchases. C. sales returns. D. purchase discounts.
Which one of the following assumptions or principles most logically supports the preparation of a single set of consolidated financial statements that combines the financial information of several wholly owned but separately identifiable businesses?
A) historical cost B) industry practices C) reporting entity D) materiality
The straight-line interest method of amortizing a bond premium or discount provides for amortizing an equal amount each time period
Indicate whether the statement is true or false
Which of the following statements is true of adverse possession?
A) Adverse possession requires the delivery of a deed. B) Adverse possession is applicable on all property including those owned by federal and state governments. C) Adverse possession requires continuous and uninterrupted occupancy of the property for the required statutory period. D) Adverse possession covers only voluntary occupancy obtained with the express or implied permission of the owner.