The declaration of cash dividends increases retained earnings.
Answer the following statement true (T) or false (F)
False
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The equity method causes the investment account to mirror the proportional changes in book value of the investee
a. True b. False Indicate whether the statement is true or false
Adam Inc uses a perpetual inventory system. Jan. 1 On hand, 10 units at $2 each $ 20 4 Sold 8 units for $10 each 80 22 Purchased 50 units at $4 each 200 26 Sold 48 units for $10 each 480 If Adam uses the LIFO method, how much is cost of goods sold for the month of January?
a. $204 b. $208 c. $212 d. $560
The Class Action Fairness Act was designed to transfer jurisdiction in large, multistate class action tort suits from state courts to federal courts
Indicate whether the statement is true or false
What is involved in a human capital audit?
a) Talent identification b) Forming the leadership team c) Differences in compensation d) All of the above