The budget for a state or local government is merely a plan of future revenues and expenses
Indicate whether the statement is true or false
F
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Lightner Company decides that an available-for-sale security is impaired as of December 31, 2013 and has an unrealized loss of $5,000 . The journal entry to record an impairment loss on securities available-for-sale would be:
a. Unrealized Holding Loss on Securities Available-for-Sale................5,000 Impairment Loss..........................................5,000 b. Impairment Loss................................... 5,000 Unrealized Holding Loss on Securities Available-for-Sale.................... 5,000 c. Realized Holding Loss on Securities Available-for-Sale................5,000 Impairment Loss....................................... 5,000 d. Impairment Loss .................................. 5,000 Realized Holding Loss on Securities Available-for-Sale.....................5,000 e. Impairment Loss.................................. 5,000 Retained Earnings...................................... 5,000
Dr. Rimbaud is a neurosurgeon in Ottawa. His patient dies after an operation. The estate sues him for negligence. The issue will be decided based on:
A) A comparison with the reasonable person. B) A comparison with the reasonable doctor. C) A comparison with other specialists of like skills and training. D) Whether Dr. Rimbaud acted in good faith and integrity E) The judgement of the College of Physicians and Surgeons.
When setting prices, the marketing manager should consider the firm's demand curve, or else the price may not even cover the firm's total cost.
Answer the following statement true (T) or false (F)
Mintzberg's roles of monitor, disseminator, and spokesperson are all related to which managerial responsibility?
A. decisional B. controlling C. intrapersonal D. interpersonal E. informational