The segment margin of a profit or investment center includes allocated common costs
Indicate whether the statement is true or false
F
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Which of the following would violate the Double Jeopardy Clause?
A. The government reopens a case after new incriminating evidence is found against an acquitted person. B. A person is tried for a case similar to a case from which he was acquitted earlier. C. A case reaches a hung jury in court and the government reopens the case with a new jury. D. The criminal act violates more than one jurisdiction and each jurisdiction tries the accused in turn.
Effective January 2, 2014, Moldaur Co adopted the accounting principle of expensing advertising and promotion costs as they are incurred. Previously, advertising and promotion costs applicable to future periods were recorded in prepaid expenses. Moldaur can justify the change, which was made for both financial statement and income tax reporting purposes. Moldaur's prepaid advertising and
promotion costs totaled $250,000 at December 31 . 2013 . Assume that the income tax rate is 40 percent for 2013 and 2014 . The adjustment for the effect of the change in accounting principle should result in a net charge against income in the income statement for 2014 of a. $0. b. $100,000. c. $150,000. d. $250,000.
A fund that attempts to match the overall market's performance is
A) a sector fund. B) a maximum capital appreciation fund. C) an index fund. D) a matching fund.
Use the information in Scenario B.6. What is the average utilization of the refurbishing machine?
A) less than or equal to 40 percent B) greater than 40 percent but less than or equal to 50 percent C) greater than 50 percent but less than or equal to 60 percent D) greater than 60 percent