SQL triggers use the SQL keywords BEFORE, INSTEAD OF, and AFTER

Indicate whether the statement is true or false


TRUE

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The authorized stock of a corporation

a. must be recorded in a formal accounting entry b. only reflects the initial capital needs of the company c. is indicated in its by-laws d. is indicated in its charter

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On January 1, Christopher's reported total stockholders' equity of $1,300. During the year, $50 of dividends were declared and paid, donated land with a donor book value of $14 and a current fair value of $38 was received, additional common stock was issued for $300, and treasury stock was acquired for $22. The reported total stockholders' equity at December 31 was $1,406. What was the reported

net income or loss for the year? A) $160 net income B) $136 net loss C) $160 net loss D) $260 net loss

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Discuss the importance of the move ticket to the cost-accounting department

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At the end of the fiscal year, an adjusting entry is made that increases both interest expense and interest payable. This entry is an application for which accounting principle?

a. Full disclosure b. Materiality c. Matching d. Going concern e. Realization

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