A preliminary agreement cannot constitute a binding contract
Indicate whether the statement is true or false
False
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Making capital investment decisions based on the availability of funds falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
On January 1, 2018, a subsidiary bought 10% of the outstanding shares of its parent company. Although the total book value and fair value of the parent's net assets were $5.5 million, the consideration transferred for these shares was $590,000. During 2018, the parent reported separate net income of $714,000, before including investment income, while dividends declared were $196,000. How were these shares reported at December 31, 2018?
A. The investment was recorded for $590,000 at the end of 2013 and then eliminated for consolidation purposes. B. Consolidated stockholders' equity was reduced by $641,800. C. Consolidated stockholders' equity was reduced by $639,800. D. The investment was recorded for $641,800 at the end of 2013 and then eliminated for consolidation purposes. E. Consolidated stockholders' equity was reduced by $590,000.
Which of the following assumptions is least likely to be supported by proponents of associational unionism?
A. Bureaucratic power leads to greater flexibility in the workplace by offering stability. B. There is little need for flexibility in the workplace. C. There are no longer sharp distinctions between the interests of employers and the interests of many workers in a knowledge-based economy. D. Professional and semi-professional jobs have very different interests from those of management.
Which of the following statements is FALSE? Pay day loan companies
A)specialize in small unsecured loans to individuals B) can be regulated by provincial legislation C) can charge greater than the criminal annual rate of interest D) have become major lenders for home mortgages E) have become a large industry in Canada