The study of body language is known as chronemics

Indicate whether the statement is true or false


False

Business

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Which of the following statements, regarding the reporting of intangible assets, is correct?

A) If a company uses the contra account, Accumulated Amortization, this account is typically shown on the balance sheet. B) Amortization expense is reported on the balance sheet. C) Intangible assets are shown only at their net book value. D) All intangible assets are shown on the balance sheet at fair market value on balance sheet date.

Business

The rights and liabilities of the surety and the guarantor are substantially different.

Answer the following statement true (T) or false (F)

Business

Use this information to answer the following question. Oct. 1 Inventory 200 units @ $12.00 6 Purchase 300 units @ $13.20 13 Purchase 100 units @ $14.40 20 Purchase 200 units @ $15.60 25 Purchase 40 units @ $16.80 Total sales 620 units A periodic inventory system is used. Using the specific identification method and assuming that 50 of the items left are from the October 13 purchase and the rest

are from the October 20 purchase, the cost assigned to ending inventory is A) $3,840. B) $3,312. C) $3,372. D) $3,176.

Business

?Which of the following is an example of a noncash item reported in the income statement of a firm?

A. ?Taxes B. ?Dividends C. ?Interest D. ?Depreciation E. ?Net sales

Business