Which of the following accounting methods is generally used to compute amortization expense?
A) declining-balance
B) units-of-production
C) straight-line
D) first-in, first-out
C
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Video game enthusiasts are an example of a market segment that
A) is difficult to reach by traditional media, but highly involved in social media. B) is easiest to reach through television advertising. C) is most receptive to product placement in films and television programming. D) cannot be accurately measured, either demographically, psychographically or behaviorally. E) make purchase decisions largely based on in-store sales promotion tactics.
Murton Industries Murton Industries, Inc reported the following information on its recent balance sheet. Common stock, $10 par, 100,000 shares authorized, 75,000 shares issued and outstanding Refer to the information for Murton Industries. What is the effect of a 2-for-1 stock split if the market value of the common stock is $20 per share at the time the stock split is declared?
A) A stock split has no impact on any of the stockholders' equity account balances. B) Total stockholders' equity increases $750,000. C) Cash increases $750,000. D) $1,500,000 of retained earnings is transferred to the capital stock accounts.
Which of the following is true?
A) The life insurance grace period gives the insured two months during which to correct any misinformation supplied in the application for coverage. B) If the insured misstates his/her age on a life insurance application, the insurer has grounds for voiding the contract. C) The purpose of the beneficiary clause in life insurance is to enable the policy owner to designate to whom the proceeds shall be paid when the insured dies. D) The life insurance assignment clause requires that the policy owner get the insurer's consent before assigning policy ownership to someone else.
In NLRB v. Business Machine & Office Appliance Mechanics Conference Board, IUE, Local 459 [Royal Typewriter Co], there was a labor dispute between the Royal Typewriter Company and the Business Machine and Office Appliance Mechanics Conference Board, the certified bargaining agent of Royal's typewriter mechanics and other service personnel. In this case, it was held that Section 8(b)(4 ) of the
NLRA:? A) ?held employers liable for damages. B) ?prohibited National Labor Relation Board the jurisdiction to hear the matter. C) ?does not protect the employers. D) ?does not protect employees.