The firm recognizes an expense when the following condition(s) hold(s):

a. The consumption of the asset results from a transaction that leads to the recognition of revenue.
b. The consumption of the asset results from the passage of time.
c. The expenditures on advertising must be recognized as expense in the period of expenditure.
d. The expenditures on research must be recognized as expense in the period of expenditure.
e. all of the above


E

Business

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The following information is available from JB Corporation's accounting records for the year ended December 31, Year 4: Cash received from customers $600,000 Dividends received from marketable securities 80,000 Cash paid for purchase of supplies 300,000 Income taxes paid 50,000 Cash dividends paid to shareholders 30,000 Net cash flow from operating activities for Year 4 totaled

a. $200,000 b. $250,000 c. $300,000 d. $330,000 e. $220,000

Business

The use of doublespeak may be either deliberate or unintentional

Indicate whether the statement is true or false

Business

The Industrial Workers of the World demonstrates the _______________________ model of unionism.

Fill in the blank(s) with the appropriate word(s).

Business

Ramey, the landlord, turned off all of the heat to Alvayay's apartment during a cold spell in the middle of a very cold winter. After Alvayay complained to the city housing authority, Ramey gave him the required 30-day notice under the rental agreement. Alvayay refused to leave and Ramey has now brought an action to evict. Alvayay's best defense to an action brought by the landlord is that there

was a a. retaliatory eviction. b. periodic tenancy. c. grace period. d. constructive eviction.

Business