When a merger takes place, the surviving corporation issues shares or pays fair consideration to the shareholders of the corporation that ceases to exist.
Answer the following statement true (T) or false (F)
True
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Which of the following is not a correct statement with respect to the interest cost component of pension expense?
A. The interest cost component of pension expense in year two is determined by multiplying the projected benefit obligation at the beginning of year two by the discount rate. B. The interest cost component of a defined benefit pension plan is the portion of expense due to the passage of time. C. The same interest rate is used to compute service cost, interest cost, and return on plan assets. D. The interest cost increases the PBO and also increases the pension expense.
The cost of a copyright should?
A) ?be amortized over a period not to exceed the life of the author plus 50 years. B) ?be amortized over a period not to exceed 20 years, unless the right is renewed. C) ?not be amortized and the cost should be capitalized as an asset with indefinite life. D) ?be amortized over a period not to exceed its economic life.
Coalitions form all the time-between family members, in political organizations, and within and across businesses. Yet in each of these contexts, the fundamental dynamic is the same. What is that dynamic?
What will be an ideal response?
The production method is an accelerated method of depreciation
Indicate whether the statement is true or false