Each of the fifty states has a general incorporation statute that stipulates the articles of incorporation to be used in that state

Indicate whether the statement is true or false


TRUE

Business

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Changes in the value of availableĀ­forĀ­sale securities

a. are reported as part of stockholders' equity b. are recognized on the income statement c. are not recognized d. are recognized on the income statement and as part of stockholders' equity

Business

Management assertions fall into four main categories.

Answer the following statement true (T) or false (F)

Business

Bledsoe Company acquired $17,000 cash by issuing common stock on January 1, Year 1. During Year 1, Bledsoe earned $8,500 of revenue on account. The company collected $6,000 cash from customers in partial settlement of its accounts receivable and paid $5,400 cash for operating expenses. Based on this information alone, what was the impact on total assets during Year 1?

A. Total assets increased by $20,100. B. Total assets did not change. C. Total assets increased by $600. D. Total assets increased by $26,100.

Business

________ is a state of very high intercorrelations among independent variables

A) Hypercollinearity B) Partial collinearity C) Multicollinearity D) Variable collinearity

Business