The SEC requires companies to disclose the amount of compensating balances in a note to the financial statements
Indicate whether the statement is true or false
T
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Flighting as an advertising timing pattern is most useful when ________
A) purchase cycle is rather frequent B) substantial advertising budget is available C) items are seasonal D) tightly defined buyer categories exist E) there are expanding market situations
The expense for other postretirement benefits, such as health care benefits, dental benefits, and eye care benefits, currently is accounted for
A) on an accrual basis. B) on a cash basis. C) on either a cash basis or an accrual basis; both methods are acceptable. D) by footnote disclosure only.
Which of the following statements is CORRECT?
A) One of the advantages of the corporate form of organization is that it avoids double taxation. B) It is easier to transfer one's ownership interest in a partnership than in a corporation. C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability. D) One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote."
In conducting a wage and salary survey for office personnel, the relevant labor market to be surveyed is most likely
A. regional. B. local. C. national. D. international