Goodwill should be recorded in the accounting records only when
a. it is purchased from another company.
b. it can be established that a definite benefit or advantage has resulted to a firm from some item such as a good name, capable staff, or reputation.
c. it is acquired through the purchase of another business entity.
d. a firm reports above normal earnings for five or more consecutive years.
C
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Shasta Company is trying to decide whether to continue to manufacture a particular component or to buy the component from an outside supplier. Which of the following is irrelevant with respect to this decision?
A) the quality of the component purchased from the outside supplier B) the outside supplier's ability to deliver the component on a timely basis C) the alternative uses of the facilities currently being used to manufacture the component D) the unavoidable fixed manufacturing costs associated with the manufacture of the component
The intent of ________ is to determine whether the program or function correctly handles all abnormal inputs or whether it crashes or otherwise fails to respond appropriately
A. shell scripting B. fuzzing C. canonicalization D. deadlocking
For a multiple regression model, SSR = 600 and SSE = 200 . The multiple coefficient of determination is
a. 0.333 b. 0.275 c. 0.300 d. 0.75
Babe Ruth Jr. has agreed to play for the Cleveland Indians for $3 million per year for the next 10 years. What table would you use to calculate the value of this contract in today's dollars?
A) Present value of an annuity B) Present value of a single amount C) Future value of an annuity D) Future value of a dollar