Life insurance proceeds payable to a corporation upon the death of an insured employee are an example of
A) intraperiod tax allocation.
B) interperiod tax allocation.
C) a permanent difference.
D) a temporary difference.
C
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Which of the following statements is true?
A. If the Fed wants to decrease money supply, it sells government securities. B. If the Fed wants to increase money supply, it sells government securities. C. If the Fed wants to decrease money demand, it sells government securities. D. If the Fed wants to increase money demand, it sells government securities.
Under the accrual basis of accounting, revenues and expenses are recorded when cash is received or paid, except for property, plant, and equipment and prepaid items
Indicate whether the statement is true or false
Which of the following organizations is likely to use the multiple-factor index method to estimate the market potential?
A) a firm that manufactures auto parts B) a firm that provides facility management services to large offices C) a company that provides Web site development services for small businesses D) a company that manufactures diagnostic machines for hospitals E) a firm that manufactures fashionable clothes for teenagers
Which of the following is a disadvantage of using newspapers as an advertising medium?
A) lack of flexibility B) high costs of advertisement space C) poor reproduction quality D) low believability E) absence of local market coverage