When enacted tax rates change, the asset and liability method of interperiod tax allocation recognizes the rate change as
a. a cumulative effect adjustment.
b. an adjustment to be netted against the current income tax expense.
c. a separate charge to the current year's net income.
d. a separate charge or benefit to income tax expense.
D
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The presentation of the excess tax benefits related to stock options includes all of the following except:
A. Excess tax benefits are reflected in the cash from financing activities section of the statement of cash flows. B. Excess tax benefits are shown as a reduction of income tax expense. C. Presentation of excess tax benefits is guided by ASU 2016-09. D. Excess tax benefits must be shown in both the statement of shareholders' equity and the statement of cash flows.
Which of the following statements about listening is most likely true?
A. Listening refers to the process of trying to detect sounds B. Salespeople often believe that their job is to listen rather than to talk C. People can talk approximately twice as fast as they can listen D. Listening is vital to success in selling E. Visual aids play no part in the listening process
The final stage in the business-to-business buying process is to
A. address additional needs. B. prepare an RFP. C. place the order. D. assess vendor performance. E. select the vendor.
When you check out at your local appliance store, they ask you for your zip code before ringing
up your sale. This appliance store is most likely using the ________ model. A) Historical Analogy B) Market Research C) Survey of Customers D) both A and B above E) both B and C above