The quality of accounting information that makes it comprehensible to those willing to spend the necessary time is consistency
a. True
b. False
Indicate whether the statement is true or false
False
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Leadership is a set of characteristics that an individual either actually possesses or is perceived to possess.
Answer the following statement true (T) or false (F)
McQueen, Inc. grants 200,000 nonqualified stock options to Robert Chalmers, the CEO, on January 1, 2018. The par value of McQueen's common stock is $1. The exercise price on the options is $35 per share, and the options are exercisable in two years.The stock price on January 1, 2018 is $31 per share. This is a fixed option plan. Using the Black-Scholes option pricing model, the value of each option is estimated to be $15.50 at the date of grant. Stock prices are $45, $65, and $50 at December 31, 2018, 2019, and 2020, respectively. Robert exercises his options on April 14, 2021, when the stock price is $57 per share.Required:
Using current GAAP, how much expense will McQueen, Inc. recognize for the year ended December 31, 2019 related to the options?Prepare the journal entries needed on the date of exercise. What will be an ideal response?
Answer the following statements true (T) or false (F)
1. The great majority of union workers are in the private sector; fewer than 20% of union workers have government jobs. 2. The "closed shop," in which an employer may hire for a job only workers who are already in the union, is illegal in the United States. 3. An arbitrator makes a decision that the parties have agreed will be binding on them. 4. An important component of dealing with change is to allow grieving over the loss of old ways.
The long-run performance of a firm is dependent upon the ability to generate and exploit numerous new entries.
Answer the following statement true (T) or false (F)