Statements by an agent ______ bind the principal unless ________
A)will not, the principal is disclosed.?
B) will, they were made at the time of performance.
C) will not, they were made at the time of performance.
D) will not, the principal is disclosed.
B
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If Bojana Tax Services' office supplies account balance on March 1 was $1,400, the company purchased $675 of supplies during the month, and a physical count of supplies on hand at the end of March indicated $1,250 unused, what is the amount of the adjusting entry for office supplies on March 31?
A. $675 B. $1,250 C. $525 D. $1,975 E. $825
The term International Financial Reporting Standard (IFRS) refers to:
a. the new numbered series of pronouncements that the IASB is issuing. b. the entire body of IASB pronouncements, including International Accounting Standards issued between 1973 and 2001. c. both a and b. d. none of the above.
Define the terms operations and product and explain why operations is important to organizations.
What will be an ideal response?
Which of the following methods of reporting comprehensive income is preferred by the FASB?
a. Reporting comprehensive income in a combined statement of financial performance b. Reporting comprehensive income in a separate statement of comprehensive income which would begin with net income c. Reporting comprehensive income within a statement of changes in equity d. Not reporting comprehensive income