The field of accounting that focuses on providing information for internal decision makers is ________
A) managerial accounting
B) financial accounting
C) nonmonetary accounting
D) governmental accounting
A
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The Shasti Corporation reported the following for the year ending December 31, 2018:Service cost: $142,610 Plan assets, January 1, 2018: $1,200,000 Prior service cost amortization: $21,150 Expected return on plan assets: 9% Actual return on plan assets: 8.5% Pension expense: $175,760 Actuarially determined discount rate: 8% What was the projected benefit obligation on January 1, 2018?
A. $1,425,000 B. $1,200,000 C. $1,333,333 D. $1,500,000
A(n) ________________________ is a list of each account and its balance at a specific point in time
Fill in the blank(s) with correct word
Which of the following is true about whiteboards as visual aids?
A. They don’t allow the audience to actively engage with the speaker. B. Spontaneous diagrams and flowcharts confuse a speaker’s explanations. C. They are useless when brainstorming. D. They can be useful when there is no time to prepare any other visual aids.
Positive engagement through social media often makes customers more profitable for the firm.
Answer the following statement true (T) or false (F)