Incident-management technology helps in facilitating the computation and analysis of the costs of various types of injuries in firms.
Answer the following statement true (T) or false (F)
True
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How do debits appear in a T-account?
A. They are listed on the right side for asset accounts, but listed on the left side for liabilities and stockholders' equity accounts. B. They are listed on the left side for asset accounts, but listed on the right side for liabilities and stockholders' equity accounts. C. They are always listed on the left side of the account. D. They are always listed on the right side of the account.
When accounting for a cash flow hedge of an recognized asset or liability, which of the following is/are true?
a. A firm recognizes the hedged asset or liability on the balance sheet and its measurement depends on the required accounting for the particular asset or liability. b. A firm recognizes the derivative as an asset on the date of acquisition to the extent it makes an initial investment or as a liability to the extent it receives cash. Otherwise, no amount appears on the balance sheet for the derivative. c. At the end of each period, the firm remeasures the derivative instrument (the hedging instrument) to fair value and includes the resulting loss or gain in other comprehensive income. d. The firm reclassifies gains and losses from other comprehensive income to net income when the gain or loss on the hedged item affects net income. e. all of the above.
Which of the following statements is true of paragraph lengths??
A) ?Paragraphs in business reports are usually shorter than the paragraphs in emails and memos. B) ?A long first paragraph is more inviting to read than a short first paragraph. C) ?A long last paragraph enables a writer to emphasize parting thoughts. D) ?As a general rule, paragraphs should be no longer than eight to ten lines.
Which of the following statements is correct??
A. ?The probability of default is higher on short -term bonds than on long-term bonds. B. ?Reinvestment rate risk is lower, other things held constant, on long-term than on short-term bonds. C. ?According to the market segmentation theory, the yield curve is expected to slope downward. D. ?Borrowers prefer to borrow on a short-term basis, as a result, the yield curve is downward sloping. E. ?If the inflation was expected to decrease in the future, then the yield curve would have an upward slope.