Which of the following statements about early environmental damage and responses is accurate?
a. The Industrial Revolution began to cause noticeable environmental damage by the
mid-1800s.
b. The earliest opposition to human-caused environmental damage came from citizens.
c. Early environmental protection usually began with top-level government directives.
d. Environmentalism was relatively late in coming to the United States.
b. The earliest opposition to human-caused environmental damage came from citizens.
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According to the text authors, educators have failed in three areas and contributed to "the perfect fraud storm" that saw a rise in fraud activity in recent years. Which of the following is NOT one of those areas?
a. They have not trained students how to handle realistic ethical dilemmas. b. They have not taught business students the elements of fraud. c. They have not taught accounting students how to detect fraud during audits. d. They have taught content as an end unto itself rather than using content as a context for developing analytical skills.
Use this information to answer the following question. These facts concern the long-term stock investments of Alpha Corporation: June 1, 2009 Paid cash for the following long-term investment: 5,000 shares Carey Corporation common stock (representing 5 percent of outstanding stock) at $40 per share; 3,000 shares Burns Corporation common stock (representing 3 percent of outstanding stock) at $24
per share. Dec. 31, 2009 Quoted market prices at year end: Carey common stock, $35; Burns common stock, $27. April 1, 2010 A change in policy required the sale of 1,000 shares of Carey Corporation common stock at $38. July 1, 2010 Received a cash dividend from Burns Corporation equal to $.30 per share. Dec. 31, 2010 Quoted market prices at year end: Carey common stock, $39; Burns common stock, $22. The entry to adjust the Allowance to Adjust Long-Term Investments to Market in 2010 is: a. Unrealized Loss on Long-Term Investments 6,000 Allowance to Adjust Long Term Investment to Market 6,000 b. Allowance to Adjust Long Term Investment to Market 10,000 Unrealized Loss on Long-Term Investments 10,000 c. Unrealized Loss on Long-Term Investments 10,000 Allowance to Adjust Long Term Investment to Market 10,000 d. Allowance to Adjust Long Term Investment to Market 6,000 Unrealized Loss on Long-Term Investments 6,000
In a manual accounting information system, cash purchases are generally recorded in the ________.
A) sales journal B) cash receipts journal C) cash payments journal D) purchases journal
In the U.S., the government's ___________ regulates chemicals that pose an unreasonable risk to humans.
What will be an ideal response?