Which statement does not reflect the intimate zone?
a. the most formal zone
b. less than 18 inches
c. reserved for very close friends
d. entered when shaking hands
A
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Each of the following statements is justified by a concept or convention of accounting. Write the letter in the blank next to each statement corresponding to the concept or convention involved. a. Consistency d. Full disclosure b. Materiality e. Cost-benefit c. Conservatism _____ 1. This convention best enhances comparability of financial statements between years. _____ 2. A merger agreed on just
after the balance sheet date nevertheless is reported in the notes to the financial statements. _____ 3. A company forgoes hiring another full-time accountant, which would add only slightly to the financial statements' accuracy. _____ 4. A company uses lower-of-cost-or-market to value inventory. _____ 5. A large company rounds its financial statement figures to the nearest $10,000. Fill in the blank(s) with correct word
A _______ is a ruling by the court that no trial is necessary because there are no essential facts in dispute
a. default judgment b. long-arm statute c. federal question d. summary judgment
Discuss what is required in most states to form a corporation
Effective service recovery entails all of the following except
A. resolving the problem quickly. B. listening to the customer. C. involving customers in the service recovery where possible. D. providing a fair solution. E. estimating the damage.