Blogs can be especially useful for crisis communication
Indicate whether the statement is true or false
True
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Which one of the following statements is correct?
a. Cookies always contain encrypted data. b. Cookies are text files and never contain encrypted data. c. Cookies contain the URLs of sites visited by the user. d. Web browsers cannot function without cookies.
Types of Audit Opinions During the course of an audit of the financial statements of Glover Industries, a CPA is refused permission to inspect the minutes from the board of directors meetings. The CPA is instead offered a certified copy of all resolutions and actions involving accounting matters. REQUIRED: Which type of audit report would you suggest be issued this year and why?
Bentley Corporation received cash from issuing 17,000 shares of common stock at par on January 1, 2018. The stock has a par value of $0.05 per share. Which is the correct journal entry to record this transaction?
A) Cash is debited for $850, and Common Stock—$0.05 Par Value is credited for $850. B) Cash is credited for $17,000 and Common Stock—$0.05 Par Value is debited for $17,000. C) Paid-In Capital in Excess of Par—Common is debited for $16,150, and Common Stock—$0.05 Par Value is credited for $16,150. D) Cash is debited for $17,000, Common Stock—$0.05 Par Value is credited for $850, and Paid-In Capital in Excess of Par-Common credited for $16,150.
An example of a direct cost that can be specifically identified with a job and does not have to be allocated to the job using an overhead rate is:
a. travel expenses. b. fringe benefits. c. utilities. d. office machine lease costs.