The standard bank confirmation should be sent to all banks used by the client during the year except those with a zero balance
a. True
b. False
Indicate whether the statement is true or false
False
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DeGaulle Enterprises, a subsidiary of Clinton Company based in New York, reported the following information at the end of its first year of operations (all in French francs): assets--4,790,000; expenses--6,500,000; liabilities--2,950,000; capital stock--1,200,000, revenues--7,140,000 . Relevant exchange rates are as follows: On date subsidiary stock was purchased ................ $0.220 Average
rate for the year ............................. 0.218 At year end ........................................... 0.216 As a result of the translation process, what amount is recorded on the financial statements as the translation adjustment? a. $1,287 debit adjustment b. $1,287 credit adjustment c. $6,080 debit adjustment d. $6,080 credit adjustment
Which of the following is a useful tip on taking lecture or meeting notes?
A. Do not write notes directly on handouts. B. Try and take down everything the speaker says. C. Ask questions if permitted. D. Do not leave any margins or empty spaces in your notes.
Indenture refers to a bond's legal contract; debenture refers to an unsecured bond.
Answer the following statement true (T) or false (F)
A landowner owes a duty to a(n) ______to take reasonable steps to discover any danger and a corresponding duty to warn the party of, or correct, the discovered danger
A) trespasser B) licensee C) invitee D) guest