What are visas? How many types of visas are allowed with respect to duration?

What will be an ideal response?


Visas are a host state's counterpart of the passport. They grant permission for an alien to enter a country. As with passports, issuance is discretionary with the host state, and both the length of time that an alien may stay in a country and the activities the alien may carry on while there can be limited. With respect to their duration, visas are classified as either temporary or permanent. An alien who receives a temporary visa is expected to leave the country after a stated time period. An alien who receives a permanent visa is allowed to stay indefinitely, and often an alien who seeks a permanent visa is expecting to apply for nationalization.

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Vegas Finance Company reported the following: Common stock, $10 par, 100,000 shares authorized, 80,000 shares issued and outstanding What is the effect of issuing 1,000 shares of common stock at $15 per share?

a. Cash increases $10,000. b. Common Stock increases $15,000. c. Additional Paid-in Capital increases $5,000. d. Retained Earnings increases $5,000.

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What costs are treated as product costs under the variable costing method?

What will be an ideal response?

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One of the many negative consequences of being laid off is that it can reduce a person's self-esteem

Indicate whether the statement is true or false.

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Deductive reasoning attempts to draw a broad conclusion from specific examples or premises. _________________________

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

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