Common-sized income statements
A) compare companies with the same level of net income.
B) compare companies with the same level of total sales.
C) assist in the comparison of companies of different sizes.
D) show each income statement account as a percentage of total assets.
C
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When an investor is able to secure significant influence over an investee, the_____________method of accounting is used
Fill in the blank(s) with correct word
On January 1, 2015, Corner Store, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. The cash payment on June 30, 2015 is
a. $20,000 . b. $21,200 . c. $24,000 . d. $17,710.
Under the Electronic Signatures in Global and National Commerce Act (E-Sign), ________.
A. a digital signature does not have the same effect as one written in ink on paper B. there are no specific rules that businesses must follow when seeking consumer consent to electronic contracts C. the price and procedures for withdrawing consent must be spelled out to the customer D. e-businesses are permitted to impose consent withdrawal fees on consumers in all situations
Answer the following statements true (T) or false (F)
1. The work breakdown structure identifies the individual work packages necessary to accomplish the project. 2. The time-phased budget enables the project team to determine when budgeted money is likely to be spent on completion of tasks. 3. The project’s baseline is the standard against which we compare project performance, project cost, and project schedule. 4. Unlike the standard S-curve evaluation, the EVM variance is meaningful because it is based not simply on the budget spent but on value earned. 5. The work breakdown structure identifies the human and material resources assigned to the project.