A new corporation may generally select one of the following accounting methods with the exception of
A) cash method.
B) accrual method.
C) retail method.
D) hybrid method.
C) retail method.
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The margin of safety is the amount:
a. by which the sales price per unit exceeds the variable cost per unit. b. that the contribution margin exceeds fixed cost. c. by which the profit calculated under absorption costing exceeds the profit calculated under variable costing. d. that sales can decrease before the company will suffer a loss.
A corporate income statement does not contain
a. discontinued operations. b. extraordinary gains and losses. c. unrealized investment gains and losses. d. earnings per share data.
. Which of the following is a business benefit of CSR?
a. decreased costs by reducing packaging, energy expenses, and shipping b. increased number of engaged customers c. improved public image d. all of these
Intranets are private corporate networks extended to authorized users outside the organization
Indicate whether the statement is true or false