A change in accounting estimate affected by a change in accounting principle should be reported as
A) a change in accounting principle.
B) a change in accounting estimate and a change in accounting principle.
C) a change in accounting estimate.
D) neither a change in accounting estimate nor a change in accounting principle.
C
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Dutch tulip growers have developed pre-sprouted bulbs which will bloom in just a few weeks after spring planting so people who did not plant bulbs in the fall can have spring flowers. Nurseries plan to promote the pre-sprouted tulips to people who appreciate finer things and will pay a premium price. Which of these VALS segments would be most suitable to target?
A. Believers B. Makers C. Experiencers D. Survivors E. Innovators
Which of the following statements about buying homeowners insurance is true?
A) There is no reason to carry insurance for more than 80 percent of a dwelling's replacement cost. B) The deduction for depreciation will be increased if a personal property replacement cost endorsement is purchased. C) Premiums often can be reduced substantially by selecting a higher deductible. D) There is little reason to compare cost since the lack of competition results in little price variation among companies.
A corporation may terminate its existence before surrendering its articles of incorporation
Indicate whether the statement is true or false
If, when considering a contract under the UCC, the court needs to resolve a term that is not clearly specified, the courts prefer to look to:
a. past dealings of the party b. equitable resolutions c. Department of Commerce data d. reliance damages e. none of the other choices