Which of the following is/are true?
a. The required accounting for trading securities and for securities classified as available-for-sale differs with respect to the income statement but not with respect to the balance sheet.
b. The unrealized gain or loss on trading securities appears in net income in the period when fair value changes occur.
c. The unrealized holding gain or loss on securities available-for-sale appears in other comprehensive income period by period, and its cumulative amount resides in the Accumulated Other Comprehensive Income account on the balance sheet.
d. Users of the financial statements should be alert to this accounting effect in evaluating the profitability of firms with both trading securities and securities available-for-sale.
e. all of the above
E
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In order to foster an understanding of the need for change, change leaders should do which of the following?
a. Make sense out of internal and external data, understand the perspectives of stakeholders and their own concerns and perspectives b. Engage the marketing team to communicate the vision and plan clearly c. Persuade everyone to adopt their point of view so they have complete buy-in d. Work to understand how they compare against competitors so that they can put the need for change in a larger context
From a business perspective, __________ is the willingness to achieve organizational objectives.
A. motivation B. strong-headedness C. stubbornness D. decisiveness E. punishing
Which of the following statements about health savings accounts (HSAs) is true?
A) There are no limits to annual contributions that an individual may make to his or her HSA. B) Once an individual has reached age 65 or is covered by Medicare, no additional contributions to the HSA may be made. C) The health insurance plan covering the HSA account beneficiary is not permitted to use a deductible. D) HSAs offer no tax benefits for the individual who establishes the account.
If your company were to import and export textiles, the transactions would be recorded in the current account subcategory of:
A) services trade. B) income trade. C) goods trade. D) current transfers.