If a promisor's performance will satisfy a legal duty that the promisee owes a third party, the third party is a(n) ________.
A. creditor beneficiary.
B. donee beneficiary.
C. implied beneficiary.
D. incidental beneficiary.
Answer: A
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The following data is for the Matt Company for 2018: Loss on sale of equipment$4,000 Purchase of Ithaca Corp. bonds (face value $400,000) 375,000 Proceeds from sale of machinery 200,000 Dividends paid 25,000 Proceeds from sale of treasury stock 100,000 The amount reported as net cash from financing activities is:
A. $ 30,000. B. $ 75,000. C. $ 80,000. D. $ (25,000).
Which of the following is often not a component of other post retirement benefit (OPEB) expense?
A. Prior service cost amortization. B. Actual return on plan assets. C. Service cost. D. Interest cost.
According to the law of large numbers, what should happen as an insurer increases the number of units insured?
A) The amount the insurer expects to pay in claims should decrease. B) Underwriting expenses should decrease. C) Actual results will more closely approach expected results. D) The insurer's profitability should become more variable.
Jitter is a problem for ________
A) voice over IP (VoIP) B) streaming media C) both A and B D) neither A nor B