The premium on bonds payable account would be classified as a(n)
a. current liability.
b. adjunct-liability.
c. contra-liability.
d. noncurrent liability.
b
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What would be the total fire insurance premium for Best Seconds if their $837,500 building belongs in structural classification D? The contents are worth $421,300 and they received an area rating of 2. (The rates per $100 are found in the book)
A. $7,680.72 B. $5,126.34 C. $6,587.14 D. $7,255.49
Which of the following statements is true in comparing the standard S-curve evaluation with the EVM variance?
a. Unlike the standard S-curve evaluation, the EVM variance is meaningful because it is based not simply on the budget spent but on value earned. b. Unlike the EVM variance, the standard S-curve evaluation is meaningful because it is based simply on the budget spent. c. Both the standard S-curve evaluation and the EVM variance are based on the budget spent. d. Both the standard S-curve evaluation and the EVM variance are based on the value earned.
An enterprise contract provides a statement of an employer's commitment to allow the union and employee to be involved in ____________________, in exchange for a statement of the union/worker's commitment to ____________________.
A. Business decision making; competitiveness B. Setting wages, hours, and working conditions; follow company rules C. Volunteerism; the community D. Board meetings; act in the best interest of the company
Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Increase = IDecrease = DNo Effect = NA(Note that "No Effect" means that the event either does not affect the element of the financial statements or that the event causes an increase in that element and is offset by a decrease in that same element.) Charles Company paid Jason Hewitt for work he performed as an independent contractor. The amount owed had not been previously accrued.AssetsLiabilitiesStk. EquityRevenuesExpensesNetStmt. of ?IncomeCash Flows???????
What will be an ideal response?