Randy keeps getting unwanted and annoying e-mails from several marketing firms unknown to him. The number of these e-mails is alarmingly high in his inbox. Which of the following best describes these e-mails?
A) malware
B) adware
C) Trojan
D) firewall
E) spam
E
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A new company issues 2,000 shares of $5 par common stock in exchange for the services of a lawyer during its first month of business. The lawyer's normal fee is $15,000 for similar work. Which of the following would be recorded if the stock is not currently trading?
a. A debit to Common Stock for $10,000 b. A credit to Common Stock for $15,000 c. A debit to Additional PaidIn Capital—Common Stock of $5,000 d. A credit to Additional PaidIn Capital—Common Stock of $5,000
A key responsibility of the internal audit function is to provide assurance on the reliability of financial reporting to external stakeholders of a company
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1) The direct write-off method of accounting for uncollectible receivables is primarily used by small, nonpublic companies. 2) In order to keep accurate records about the collection of cash for a previously written off account, a business should re-establish the Accounts Receivable by crediting the receivable account. 3) In order to keep accurate records about the collection of cash for a previously written off account, a business should re-establish the Accounts Receivable by debiting the receivable account. 4) Companies that follow GAAP are required to use the direct write-off method for uncollectible accounts receivable. 5) The direct write-off method is only acceptable for companies that have very few uncollectible receivables.
For those with a(n) ______ self, a positive self-image is derived from belonging, fitting in, occupying one’s proper place, engaging in appropriate action, and maintaining harmony.
A. interdependent B. motivational C. self-verification D. independent