Devices and software that help people with disabilities, such as screen readers for the visually impaired, are called ________
A) assistive technologies
B) alternative technologies
C) human performance technologies
D) appropriate technologies
A
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The assumption of a stable interest expense per year is inherent under which of the following amortization methods?
A) present-value method B) effective interest method C) stated-interest method D) straight-line method
The matching rule relates to credit losses by stating that Uncollectible Accounts Expense should be recorded
a. in the period of the loss. b. for an exact amount. c. in the same period as allowed for tax purposes. d. in the period of the sale.
The present value of $30,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dollar)
A) $23,916 B) $37,632 C) $23,700 D) $30,000
Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch’s best defense against this accusation? Later, the Numero Uno board considers a resolution for the firm to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch’s responsibility in this situation?
What will be an ideal response?