Debt service expenditures for interest are:
A. Accrued.
B. Recorded when due but may be accrued at year end if the debt service due date is less than 60 days after year.
C. Recorded when due but may be accrued at year end if the debt service due date is less than 30 days after year end.
D. Reported only in the government-wide statements.
Answer: C
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Indicate whether the statement is true or false
The Sarbanes-Oxley Act intends to enhance corporate responsibility and financial disclosures
Indicate whether the statement is true or false.
Which of the following intellectual property rights does not have statutory protection?
A) Copyright B) Trade marks C) Confidential information D) Industrial design E) Personality rights