Federal judges are appointed for ten year renewable terms
a. True
b. False
Indicate whether the statement is true or false
False
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If the lessee and the lessor use different interest rates to account for a capital lease, then
a. the lease will never be accounted for as a capital lease by the lessee. b. total expenses (or revenues) will be equal for both lessee and lessor. c. total expenses (or revenues) will be different for the lessee and the lessor. d. GAAP has been violated since the lessor and the lessee are not allowed to use different interest rates in accounting for capital leases.
When the contract rate of interest on bonds is higher than the market rate of interest, the bonds sell at ________
a. their face value b. a discount c. their maturity value d. a premium
A social media policy used by an organization is a statement that ________
A) delineates employees' rights and responsibilities B) lists a firm's products and services that are advertised on social media C) lists the social and environmental effects of a company's economic actions D) defines the type of medium and channel an organization uses on a social media site
Which of the following statements is true about native applications?
A) They only run on the operating system for which they are programmed. B) The cost of native applications is low. C) They can be developed by less skilled, lesser-paid employees. D) The limits on native applications are usually technological, not budgetary.