Which of the following methods of accounting for investments is appropriate when the investor controls the investee?
A) equity method
B) consolidation
C) cost method
D) lower of cost or market method
B
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Port, Inc paid a cash dividend on January 2 that had been declared prior to the end of its fiscal year. The entry to pay the dividend will
a. increase Cash and increase Cash Dividend Payable. b. decrease Cash Dividend Payable and decrease Cash. c. decrease Retained Earnings and increase Cash Dividend Payable. d. decrease Cash Dividend Payable and increase Retained Earnings.
Why is the project duration with the lowest direct costs seldom the optimum duration for a project?
Fill in the blank(s) with the appropriate word(s).
Cost standards for one unit of product no. C77:Direct material3 pounds at $2.50 per pound$7.50 Direct labor5 hours at $7.50 per hour 37.50 Actual results: Units produced7,800 units Direct material purchased26,000 pounds at $2.70$70,200 Direct material used23,100 pounds at $2.70 62,370 Direct labor40,100 hours at $7.30 292,730 Assume that the company computes variances at the earliest point in time.The direct-material quantity variance is:
A. $750U. B. $7,250U. C. $750F. D. $6,500U. E. None of the answers is correct.
MAC ________ involves an unauthorized device having its MAC address purposefully changed such that the device appears to be a legitimate user of the network
A) sparking B) spoofing C) moofing D) spatting