In June of 2011, IASB amended IAS 19, Employee Benefits, changing its method of accounting for pensions in order to make the accounting for pensions similar under U.S. GAAP and IFRS.
Answer the following statement true (T) or false (F)
False
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Suppose today is Tuesday, January 18, 2011 . If you enter into a 30-day forward contract to purchase euros, when will you pay your dollars and receive your euros? (Hints: February 18, 2011, is a Friday, and the following Monday is a holiday.)
What will be an ideal response?
Data from Dunshee Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$138? $108? Accounts receivable, net 286? 306? Inventory 114? 134? Prepaid expenses 18? 18? Total current assets$556? $566? Total current liabilities$262? $260? Sales on account in Year 2 amounted to $1370 and the cost of goods sold was $850.The working capital at the end of Year 2 is:
A. $812 B. $294 C. $556 D. $882
Learning experts believe that ________ is the most important principle of learning.
A. repetition B. reinforcement C. punishment D. reward
What are the critical fixed-capacity factors that affect how well a service business can handle demand fluctuations?
What will be an ideal response?