Under the Teleological theory, the ethical good of an action is judged by the effect of the action on others
a. True
b. False
Indicate whether the statement is true or false
True
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On January 1, $2,000,000, 5-year, 10% bonds, were issued for $1,960,000 . Interest is paid semiannually on January1 and July 1 . If the issuing corporation uses the straight-line method to amortize discount on bonds payable, thesemiannual amortization amount is
a. $8,000 b. $2,000 c. $4,000 d. $10,000
In the supplier selection stage, the buyer reviews supplier performance
Indicate whether the statement is true or false
Which of the following documents was the first to address the issue of user objectives extensively?
a. “Objectives of Financial Statements” (Trueblood Committee Report) b. “Basic Concepts and Accounting Principles Underlying Financial Statements of Business Enterprises” (APB Statement 4) c. “A Statement of Basic Accounting Theory” (ASOBAT) d. “Statement of Accounting Theory and Theory Acceptance” (SATTA)
Prospect lists or a CRM database can help salespeople do a better job with prospecting.
Answer the following statement true (T) or false (F)