By using the book value method to record the conversion of convertible bonds, managers are able to protect themselves from recording conversion losses.
Answer the following statement true (T) or false (F)
True
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Michele's job as an accounting assistant was recently modified to include reconciling bank accounts and making deposits, two tasks previously done by the accounting manager. This increase in responsibility would best be described as
A. job development. B. job enlargement. C. job satisficing. D. job enrichment. E. job design.
Which of the following is true regarding the relationship of the current ratio to the quick ratio?
a. The current ratio is based on a more conservative measure of liquidity. b. Both focus on the relationship between part or all of the firm's current assets and all of its current liabilities. c. Both focus on the relationship between all of the firm's current assets and part or all of its current liabilities. d. For a company in the service industry, the current ratio and quick ratio will be significantly different.
If a partnership has been dissolved in violation of the partnership agreement, the ________.
A. remaining partners forfeit the right to wind up the business B. court appoints a representative as receiver to wind up the business C. court, by itself, liquidates the assets of the business D. innocent partners have the right to liquidate the partnership assets
Which statement is FALSE about consumer boycotts?
A. They are always effective. B. Consumer boycotts usually spark a larger boycott from the other side. C. Successful boycotts focus on a single company over a single issue. D. Advertiser boycotts seem to bring about more change than consumer boycotts.