A constraint mentioned by GAAP on qualitative characteristics is
A) understandability
B) timeliness
C) faithful representation
D) benefits greater than costs
D
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Landmark buys $390,000 of Schroeter Company's 10%, 5-year bonds payable at par value on September 1. Interest payments are made semiannually on March 1 and September 1. The journal entry Landmark should record to accrue interest earned at year-end December 31 is (Do not round your intermediate calculations):
A. Debit Interest Receivable $19,500, credit Interest Revenue $19,500. B. Debit Cash $19,500, credit Interest Revenue $19,500. C. Debit Cash $13,000, credit Interest Revenue $13,000. D. Debit Interest Revenue $13,000, credit Interest Receivable $13,000. E. Debit Interest Receivable $13,000, credit Interest Revenue $13,000.
What is an informal organization? Where is it shown on the organization chart? Explain.
What will be an ideal response?
The exception principle of management states that ________.
A. all issues should be presented to managers except in cases of dire emergency B. face-to-face communication should be avoided whenever possible C. managers should only be communicated with on matters of exception D. All of the choices are correct.
A _____ is useful for visualizing hierarchical data along multiple dimensions
a. heat map b. hierarchical map c. tree map d. map of multiple hierarchy