Most IRS audits are conducted through the mail
a. true
b. false
Ans: a. true
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Some musicians now see writing and singing songs for advertisements as a way to get their songs heard and eventually played by individuals, apart from the ad. The advantages of this method of writing songs for ads include the following, except:
A) it is easier to develop brand awareness, brand equity, and brand loyalty B) marketers see an opportunity to tie a new, emerging song to a product C) many consumers are interested in finding out who performs the music in various ads D) the Internet provides an opportunity to post the song for people to enjoy
Sierra Event Planning Services, Inc. records deferred expenses and deferred revenues using alternative treatments. It makes adjusting entries as needed to bring its books to the full accrual basis once a year at the end of the year On December 15, it collected $1,000 from a customer in advance for a series of events that will start late December and end in March. At the end of the year, it had performed approximately 10% of the services for its customer. The adjusting entry on December 31 will include a debit to Service Revenue for $900.
Indicate whether the statement is true or false
Because the supply chain has become so electronic and automated, opportunities for unethical behavior have been greatly reduced
Indicate whether the statement is true or false
The primary reason that individuals and firms choose to borrow long-term is to reduce the risk that interest rates will ________ before they pay off their debt
A) rise B) fall C) become more volatile D) become more stable