Which of the following items appear on the corporate income statement before income from continuing operations?
a. cumulative effect of a change in accounting principle
b. income tax expense
c. extraordinary gain
d. loss on discontinued operations
b
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Starbucks dispatches "Chill Patrols" in the summertime to pass out samples of ice-cold Frappuccinos to overheated commuters during rush hour in busy metropolitan areas. This is an example of "point-of-dirt" sampling
Indicate whether the statement is true or false
When numeric data is exaggerating to promote one idea, or omitted to minimize the consequence of the data, what type of unethical activity is taking place?
A) Distorting visuals B) Misrepresenting numbers C) Selective misquoting D) Plagiarism E) Omitting essential information
What special considerations should be kept in mind when organizing report content for a website?
What will be an ideal response?
Marilyn read an ad in the school newspaper offering a $1,000 swimming scholarship to anyone who could swim 500 laps in the school pool. Marilyn called the advertiser and began swimming. She has reached lap number 460; she feels great and is sure she can make it all the way. The advertiser:
a. may revoke the offer since there has not yet been an acceptance. b. may not revoke the offer since Marilyn has already accepted it. c. must permit Marilyn the opportunity to finish her attempt to swim the 500 laps, or pay damages if he interferes with the completion of the laps. d. must pay Marilyn $920, because she has performed 92% of the offer.