The amount of unamortized discount at the end of an interest period is equal to the amount of the unamortized discount at the beginning of the period minus the amount of discount that was amortized during the period
Indicate whether the statement is true or false
True
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A SWOT analysis focuses on an organization’s:
Indicate whether each of the following statements is true or false.Indirect costs are traced to cost objects. Cost drivers are used to allocate indirect costs to cost objects. An allocation rate is calculated by dividing the allocation base by the total cost to be allocated. A cost driver must be identified for each cost pool that is to be allocated. Depreciation on a building might be allocated to the departments sharing the building based on the number of square feet occupied by each department.
What will be an ideal response?
Last year Snyder Company reported sales of $125,000 on its income statement. During the year, accounts receivable increased by $30,000 and accounts payable increased by $10,000. The company uses the direct method to determine the net cash flows from operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis would be:
A) $105,000. B) $115,000. C) $95,000. D) $145,000.
Which level of Kohlberg’s Model of Moral Development demonstrates reasoning based on conscience and creating a just society?
A. Level 1 B. Level 2 C. Level 3 D. Level 4