Which of the following statements about wills is correct?
A) A will must be written on one piece of paper.
B) Another writing may be incorporated by reference in a will.
C) The testator must sign his or her full name.
D) The testator cannot have any "help" in signing a will.
B
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On January 1, a company issues bonds dated January 1 with a par value of $400,000. The bonds mature in 5 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The market rate is 8% and the bonds are sold for $383,793. The journal entry to record the first interest payment using the effective interest method of amortization is:
A. Debit Interest Expense $15,351.72; credit Discount on Bonds Payable $1,351.72; credit Cash $14,000.00. B. Debit Interest Expense $15,351.72; credit Premium on Bonds Payable $1,351.72; credit Cash $14,000.00. C. Debit Interest Payable $14,000.00; credit Cash $14,000.00. D. Debit Interest Expense $12,648.28; debit Premium on Bonds Payable $1,351.72; credit Cash $14,000.00. E. Debit Interest Expense $12,648.28; debit Discount on Bonds Payable $1,351.72; credit Cash $14,000.00.
Only sales to outsiders and purchases from outsiders are reflected in a consolidated income statement because all intercompany transactions are eliminated in preparing the consolidated statement
Indicate whether the statement is true or false
Hiring managers can overcome the contrast effect when interviewing job candidates by adhering to the following suggestion: ______.
A. implement the contrast effect B. undergo training to enhance biases C. compare the current interviewee with the person who was just interviewed D. use a structured interview
Emotions or intuitions would be most important in which decision?
A. determining whether or not to pay a bribe B. determining if a marketing campaign violates ethical marketing principles C. determining whether or not to take a patient off of life support D. determining the severity of punishment for breaking a company rule