Measurement mechanisms should include a clear definition of:
A) The project baseline.
B) The reporting relationships among members of the project team.
C) What to measure.
D) Trigger points.
C
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Which one of the following would not be included in a closing entry?
A. A credit to Rent Expense B. A debit to Service Revenue C. A debit to Unearned Revenue D. A credit to Dividends
Yvon, a golf pro, convinces Zach, who has no athletic ability, that he has considerable talent and induces him to pay Yvon $10,000 for golf lessons. When Zach realizes the truth, he files a suit against Yvon. Zach is most likely to recover on the basis of
A. duress. B. misrepresentation. C. unconscionability. D. none of the choices.
Play Company acquired 70 percent of Screen Corporation's shares on December 31, 20X5, at underlying book value of $98,000. At that date, the fair value of the noncontrolling interest was equal to 30 percent of the book value of Screen Corporation. Screen's balance sheet on January 1, 20X8, contained the following balances: Cash$50,000 Accounts Payable$40,000 Accounts Receivable 35,000 Bonds Payable 100,000 Inventory 40,000 Common Stock 50,000 Buildings and Equipment 300,000 Additional Paid-In Capital 75,000 Less: Accumulated Depreciation (100,000) Retained Earnings 60,000 Total Assets$325,000 Total Liabilities and Equities$325,000 On January 1, 20X8, Screen acquired 5,000 of its own $2 par value common shares from Nonaffiliated Corporation for $6
per share.Based on the preceding information, the consolidating entry needed in preparing a consolidated balance sheet immediately following the acquisition of shares will include: A. a credit to Investment in Screen stock for $6,125. B. a credit to Noncontrolling Interest in Net Assets of Screen Corp. for $19,375. C. a credit to Additional Paid-In Capital for $75,000. D. a debit to Treasury Shares for $30,000.
A file in which the length of characters is the same for each column is called:
A) A fixed length file B) A delimited file C) An XML file D) A plain text file