Under the RMBCA, a preincorporation subscription agreement is irrevocable for three (3 ) months unless the subscription agreement provides a longer or shorter period, or all of the subscribers agree to revocation
Indicate whether the statement is true or false
False
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The fact that you pay more attention to things that are new, things that interest you, or strong stimuli re?ects which of the following processes?
A) attribution error B) selective attention C) halo effect D) self-ful?lling prophecy
Which of the following statements is true?
A) Application of LIFO for financial reporting purposes must follow the tax laws applicable to LIFO. B) A company must use FIFO for both tax reporting and financial statement reporting. C) A company may use FIFO to valuate inventory and LIFO for financial statement reporting purposes. D) LIFO must be used for financial reporting if it is used for tax purposes.
All audit procedures must be completed before year end
a. True b. False Indicate whether the statement is true or false
A responsibility center whose manager is responsible for generating revenues and controlling expenses is referred to as a ______________________________
Fill in the blank(s) with correct word