Hal was arrested for burning the United States' flag in a protest of governmental policy. His action is protected under the First Amendment's guarantee of free speech because the flag burning is considered symbolic speech
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following would not decrease owner's equity?
a. sales; b. withdrawals of cash by the owner; c. more expenses than revenues during the period; d. expenses incurred; e. none of these.
In a traditional environment, costs are tracked through the various production departments as products or services move through the production process
Indicate whether the statement is true or false
Athletic Accessories has the following transactions related to investments in common stock. May 1Purchases 5,000 shares (insignificant influence) of Endurance Wear ?common stock for $22 per share. June 30Receives a cash dividend of $1 per share.October 18Sells 2,000 shares of Endurance Wear common stock at $25 per share.December 31Adjusts the investments to fair value. The fair value of Endurance Wear ?common stock is now $30 per share.1.Record each of these transactions, including an entry on December 31 to adjust the investment to fair value. 2.Calculate the balance of the investment account on December 31.
What will be an ideal response?
Both internal and external factors can influence the pricing decision
Indicate whether the statement is true or false