When Beech-Nut's CEO became aware of the problems with its juice supplier, he:
a. Immediately canceled the contract and no longer used the product.
b. Canceled future shipments only.
c. Reported the problem to the FDA.
d. None of the above
.B
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Exhibit 15-3 On January 1, 2016, Howard, Inc granted to a key executive a fixed compensatory share option plan for 1,000 shares of $4 par common stock for $30 a share. The fair value per option on that date was $14. The service period extended through December 31, 2017. ? Refer to Exhibit 15-3. What entry, if any, was required on December 31, 2016?
A) no entry was necessary B) Compensation Expense 7,000Paid-in Capital Share Options 7,000 C) Compensation Expense 6,000Paid-in Capital Share Options 6,000 D) Compensation Expense 9,000Deferred Compensation 9,000
Stockholders' equity accounts will be tested with only substantive analytical procedures
a. True b. False Indicate whether the statement is true or false
Money market accounts, commercial paper, and United States Treasury Notes are examples of cash equivalents
Indicate whether the statement is true or false
Grant is writing a long, formal report for submission to the company's board of directors on the advisability of a merger. Which of the following is a recommended guideline for preparing the report?
a. Include emotional terms for emphasis. b. Identify any assumptions made. c. Eliminate personal opinions and those of others. d. Avoid the use of quotes and paraphrases from other sources.