U.S. GAAP stipulates that firms should ____________________ expenditures that increase the service potential of an asset beyond that originally anticipated
Fill in the blank(s) with correct word
capitalize
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Risk that can be eliminated by diversification is
A. unsystematic risk. B. systematic risk. C. default risk. D. interest-rate risk.
The process of crossfooting on the work sheet results in the
a. Adjusted Trial Balance columns. b. Trial Balance columns. c. Income Statement columns. d. Adjustments columns.
A business objective should include a specific time frame for achieving the objective
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. A key difference between the European and U.S. models of unionism is that the European model sees the scope of unionization as limited to the workplace. 2. Due to the decline in manufacturing in the U.S., manufacturing has one of the lowest union density rates among industries. 3. The lowest union densities in the U.S. can be found in the Southwest and Northeastern states. 4. Southern and southwestern states generally have the lowest union densities in the U.S. 5. An amalgamated union is a federation of unions from a variety of industries and occupations.