A consistent pattern of earnings growth would eliminate the auditor's concern for fraud in revenue recognition

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Baggs buys $100,000 of Vista Company bonds on January 1, 2016 at face value. The bonds pay 10% interest semiannually on June 30 and December 31 . If Baggs sells the bonds at 99 on July 1, 2016, there will be a loss reported on the income statement

a. True b. False Indicate whether the statement is true or false

Business

Asset cost is $54,000, expected life is 6 years, and estimated salvage value is $6,000 . Using the double-declining-balance method, the depreciation for the first year would be

a. $8,000; b. $9,000; c. $16,000; d. 18,000; e. none of these.

Business

In 2010, the three top B-to-C ________ were Dell ($52 billion), Staples ($9.8 billion), and CDW ($8.8 billion)

A) inbound telemarketers B) catalog sellers C) outbound telemarketers D) infomercial marketers E) mobile marketers

Business

The systematic evolution of managers as communicators began with ______.

A. the Industrial Revolution B. World War I C. World War II D. the Vietnam War

Business