A stock dividend in which a shareholder has the option to receive cash is not taxable.
Answer the following statement true (T) or false (F)
False
Stock dividends are taxable if the shareholder has the option to receive cash or other property.
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Which one of the following is not a contra account?
a. Accumulated Depreciation b. Sales Discounts c. Transportation-in d. Purchase Returns and Allowances
Technology such as knowledge management systems, network monitoring systems, and diagnostic systems enables the service desk to absorb many activities performed by other support groups. These other groups may then focus on tasks such as projects, operations activities, and maintenance activities.
Answer the following statement true (T) or false (F)
Accounting for product costs in a JIT environment
a. uses a job order costing system. b. classifies processing costs as raw (or direct) material, direct labor, and overhead. c. is more complex than in other types of manufacturing environments. d. follows process costing procedures whereby costs are accumulated by the process (cell) and attached to units processed for the period.
______ is a process in which two or more parties in conflict attempt to come to an agreement.
A. Arbitrating B. Coaching C. Handling D. Negotiating