A material gain or loss from debt refunding should be
A) recognized over the remaining life of the old issue as ordinary income or loss.
B) recognized in the current period as extraordinary income or loss.
C) recognized over the life of the new bond issue as extraordinary income or loss.
D) recognized in the current period as ordinary income or loss.
D
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Which Principle of the AICPA Code of Professional Conduct is: As a member one should continually strive to improve competence and the quality of services, observe all technical and ethical standards, and provide professional responsibility to the best of his/her ability?
A) The Public Interest B) Responsibilities C) Scope and Nature of Services D) Due Care
The basic set of premises in a theory is also sometimes called all of the following except:
a. hypotheses. b. assumptions. c. postulates. d. positions.
Which of the following categories of geographic segmentation is most relevant to an agency
offering maintenance services for electrical appliances? A) climate B) activities C) density D) geographic feature
Where should the restaurant be located?
A business is trying to decide which restaurant to hold its annual awards banquet. Use the information below to determine the best choice. Restaurant Criteria Weight A B C Appearance 0.15 40 65 60 Service 0.30 75 80 70 Atmosphere 0.15 60 40 70 Location 0.10 90 100 75 Quality of food 0.30 70 80 75 A) A B) B C) C D) A and B equally preferred.