How can you prepare for issues with technology breaking in an online presentation?
What will be an ideal response?
Don’t become flustered should you lose connectivity. Prepare yourself for technological glitches that can occur without warning, meaning you need to have a contingency plan, including a back-up computer you can use to deliver the presentation, and a list of “how to fix-it” tips to pass on to participants who may need to troubleshoot technological problems on their end too.
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Which of the following statements regarding the requirement to follow U.S. GAAP in financial reporting is true?
A) U.S. GAAP has been adopted as federal law, so failure to follow U.S. GAAP is prosecuted through the federal court system. B) U.S. GAAP has been adopted as state law in all 50 states, so failure to follow U.S. GAAP is prosecuted through the state court system. C) U.S. GAAP represents a set of professional standards, and the requirement to follow U.S. GAAP is enforced through the AICPA Code of Professional Conduct. D) Compliance with U.S. GAAP is not enforced; it is a voluntary choice made by most companies and by most professional accountants
Which of the following is considered by accountants to be a separate entity from its owner(s)?
a. Partnership only b. Sole proprietorship only c. Corporation only d. Sole proprietorship, partnership, and corporation
What is the ending balance in Finished Goods Inventory using variable costing if 600 units are sold?
Iagan, Inc. has collected the following data. (There are no beginning inventories.)
A) $4000
B) $5000
C) $2000
D) $3000
How is a company that buys a block of advertising pages in a magazine to advertise its brand trying to eliminate noise, as it is defined in the communication model?
What will be an ideal response?