Which of the following is NOT a work-related pressure?
a. fear of losing one's job
b. wanting to appear successful
c. getting overlooked for a promotion
d. insufficient/little recognition for work performance
b
FEEDBACK: a. Correct
b. Incorrect, this is a work pressure.
c. Incorrect, this is a work pressure.
d. Incorrect, this is a work pressure.
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Regarding discontinued operations, which of the following statements is incorrect?
A) Gains and losses on the sale of plant assets and equipment are reported as Other Income and (Expenses). B) A loss on discontinued operations is reported with an addition for the applicable income tax. C) The sale of an identifiable division of the business is reported on the income statement under the category Discontinued Operations. D) The Discontinued Operations category of the income statement includes information about segments of the business that have been sold.
Plum Corporation issues $400,000 of 7 percent, five-year bonds on January 1, 20x5, and sells them on the same date for their face value. The bond indenture states that interest is to be paid on January 1 and July 1 of each year. The entry to record the issuance includes
A) a credit to Cash. B) a credit to Bonds Payable. C) a credit to Interest Expense. D) All of these choices.
Daisy enters into a contract with Evan for the construction of a Fast Food Café, according to a certain schedule. The parties perform some preparatory steps, but Evan materially and willfully fails to begin work on the specified date. To rescind the contract, Daisy must show that the parties can
A. be restored to the status quo. B. realize at least some of the benefit of their bargain. C. obtain a reasonable exchange of values for the preparatory steps. D. profit from the partial performance.
A ________ is a situation in which one corporation acquires all the shares of another corporation, and both corporations retain their separate legal existence
A) reverse takeover B) merger C) share exchange D) spin-off