The _____ is the private-sector financial accounting standard setter in the U.S., but has no enforcement powers
a. Financial Accounting Standards Board (FASB)
b. Government Accountability Office (GAO)
c. International Accounting Standards Board (IASB)
d. Public Company Accounting Oversight Board (PCAOB)
e. Accounting Standards Board
A
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The entry to record patent amortization of $4,500 embedded in a product is as follows:
a. Work-in-Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Patent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 b. Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Patent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 c. Work-in-Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Allowance for Amortization of Patent . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 d. Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Allowance for Amortization of Patent . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 e. none of the above
Which of the following is NOT true of after-dinner speeches?
a. It doesn’t have to make a point. b. It depends on your ability to organize your speech’s content in an imaginative way. c. It requires creativity and lightheartedness. d. It maintains a sense of decorum and good taste.
Which of the following is an example of lateral communication?
A) Your supervisor sends you an email that lists your strengths and weaknesses. B) Three state senators discuss the pros and cons of passing new laws against hate crimes. C) The vice president of marketing prepares a report to share with the marketing representatives. D) You respond to an internal survey conducted by a colleague from another department. E) You prepare a year-end sales report for your supervisor's approval.
Which sentence is correct?
A) ?The production manager is real determined to decrease time lost to injury. B) Our car's engine ran smooth after its tune-up. C) The interviewer was really interested in hiring an outstanding candidate.