If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are recognized as transfers in for the debt service fund.
Answer the following statement true (T) or false (F)
False
If taxes and/or special assessments are levied specifically for payment of interest and principal on long-term debt, those taxes are recognized as revenue of the debt service fund.
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Location-independent computing in which shared data centers deliver hosted IT services over the Internet
a. IT outsourcing b. Network administration c. Cloud computing d. Custom software
Core applications are also called OLAP
Indicate whether the statement is true or false
Ravi and Luke went to see the play “Out of Sorts.” Luke loved the show while Ravi did not enjoy it as much. When Luke asked Ravi why he didn’t like it, Ravi explained that while the show was good, he had seen the same show in New York City and thought it was much better there. Ravi has experienced which perceptual distortion?
A. selective attention B. contrast effect C. self-fulfilling prophecy D. primacy effect
All of the following statements regarding the ratio of liabilities to owner's equity are true except:
A) A ratio of 1 indicates that liabilities equal owner's equity. B) Corporations can use this ratio but substitute total stockholders' equity for total owner's equity. C) The higher this ratio is, the better able a business is to withstand poor business conditions and pay creditors. D) The lower this ratio is, the better able a business is to withstand poor business conditions and pay creditors.