Select the true statement regarding electronic messages.
A. Electronic messages are extremely safe as they cannot be saved or leaked.
B. Electronic messages are the private property of the system's owner, not of the sender.
C. They cannot be forwarded by recipients to others without the original sender knowing it.
D. There can be no permanent record of electronic messages.
E. When electronic messages are deleted, it means that they are completely destroyed.
Answer: B
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On August 1, 2015, Yellow Company paid $6,320 for a three-year insurance policy. On that date, an expense account was charged. In the adjusting entry on December 31, 2015, there would be a
A) debit to Insurance Expense for $175. B) credit to Prepaid Insurance for $2,107. C) credit to Prepaid Insurance for $527. D) credit to Insurance Expense for $5,442.
Exhibit 14-16 Harry's Inc issued a four-year, $75,000, non-interest-bearing note to a customer on January 1, 2016. Harry also agrees to sell inventory to the customer at reduced rates over a five-year period. Sales are to be evenly spread over the five-year period. Harry's incremental interest rate is 8%, and the present value of the note is $55,125. ? Refer to Exhibit 14-16. Harry's total
liabilities after recording the note have increased by A) $19,875. B) $75,000. C) $55,125. D) $81,000.
Why is tax planning so important?
What will be an ideal response?
Lance is a 30-year old, single professional who enjoys hiking, college sports, and poetry. He lives with his girlfriend but does not have plans to get married in the near future. He leads a life much different from his father who married right after high school, had children, and worked for the same company his entire career. More and more in the U.S., consumers like Lance are enjoying _____, piecing together a variety of interests, products, and services instead of conforming to traditional stereotypes.
A. well-defined segments B. component lifestyles C. simple multipurpose products D. conformity and cohesiveness E. modular market mixes