[APPENDIX] The attitude of the Financial Accounting Standards Board toward deferred tax liabilities is that they are

a. an amount that results in a future obligation and meets the definition of a liability.
b. a bookkeeping item that is used merely to maintain equality of the accounting equation.
c. not true liabilities because the balance increases every year.
d. not payable in the immediate future so it not necessary to record them.


a

Business

You might also like to view...

The most recent addition to the four criteria of project success is:

A) Time. B) Cost. C) Performance. D) Client acceptance.

Business

The management of McCord Corp. makes an announcement that the top three employees of the firm will be rewarded with expensive gifts at the end of the month. These employees will be selected on the basis of their performance. Following the announcement, all the employees start putting in more effort by working extra hours and improving the quality of their work. In this scenario, McCord uses _____ to motivate employees.

A. job enrichment theory B. expectancy theory C. Theory X D. equity theory

Business

Which of the following is NOT a stage of knowledge engineering?

A) knowledge consolidation B) knowledge representation C) knowledge acquisition D) knowledge validation

Business

Which of the following is an example of appropriate for an independent samples test?

a. employees from Branch A and employees from Branch B b. employees pre- and post-training c. sales in 2000 and sales in 2008 d. all of the above

Business