Courts have come to recognize the following as two categories of due process:

A) Commercial and Religious.
B) Procedural and Commercial.
C) Substantive and Procedural.
D) Substantive and Ethical.


C

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Exhibit 14-7 Magenta Corporation issued $500,000 of its 6%, 10-year bonds, dated January 1, 2016, at face value plus accrued interest on September 1, 2016. Interest is paid on June 30 and December 31. Magenta uses the most common method to record the sale of the bonds between interest payment periods. Refer to Exhibit 14-7. The entry to record the sale would include a

A) ?debit to Interest Expense for $20,000. B) ?debit to Cash for $505,000. C) ?credit to Bonds Payable for $520,000. D) ?credit to Interest Expense for $20,000.

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Top management can preserve the autonomy of division managers and encourage an optimal level of internal transactions by

a. selecting performance evaluation measures that are consistent with the achievement of overall corporate goals. b. selecting division managers who are most concerned about their individual performance. c. prescribing transfer prices between segments. d. setting up all organizational units as revenue centers.

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The Bill of Rights refers to:

a. the inalienable rights found at the beginning of the Constitution. b. the first ten amendments to the Constitution. c. a specific listing of individual rights found in the original text of the Constitution. d. a grouping of individual rights set forth by the United States Supreme Court shortly after the Constitution was ratified by the states.

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Judgment methods of forecasting should never be used with quantitative forecasting methods

Indicate whether the statement is true or false

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