Which of the following are not an example of adjusting entries?
a. recognition of depreciation on equipment purchased during the year
b. recording the expiration of a portion of the cost of prepaid insurance that was purchased during the previous year
c. recognition of income tax expense on the net income before income taxes earned during the period
d. recording of collections received from customers during the period
e. all of the above
D
You might also like to view...
Answer the following statements true (T) or false (F)
1. Harvard Business School professor Michael Porter is a leading authority on competitive strategy. 2. Strategic conservation attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company. 3. Strategic positioning can be achieved by performing similar activities to rivals, but in different ways. 4. A strategic position may be based on serving the few needs of a few customers.
Why is it important for you (as an evaluator) to analyze different types of stakeholders early during your evaluation project? Select two most important reasons.
a. to estimate the scope of the evaluation project b. to recognize potential sources of data to be used c. to determine whether to focus on an evaluand or an evaluee d. to identify whether to evaluate a training or non-training program
Answer the following statements true (T) or false (F)
Both exit value and replacement cost are valuation systems that fall into the current value category.
What lessons can be learned from experience in Loudon County, Virginia?
What will be an ideal response?