A budget manual should include pro-forma financial statements for the upcoming period
Indicate whether the statement is true or false
F
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According to the most current FASB standards, intangible assets acquired in a basket purchase that does not represent the acquisition of an entire business should be
a. valued by allocating the total purchase price according to the relative fair values of all assets acquired, regardless of whether the assets are separately tradable or contract based. b. valued by allocating the total purchase price according to the relative fair values only of intangible assets that are separately tradable or contract based. c. valued by recording separately traded and contract based intangible assets at their individual fair values with any unallocated purchase price being recognized as goodwill. d. valued by recording separately traded and contract based intangible assets at their individual fair values with any unallocated purchase price being expensed in the year of acquisition.
How should these stock rights be treated in earnings per share calculations for the year ending December 31 . 2012?
a. The stock options are antidilutive and should not be included either in basic and diluted earnings per share. b. The stock options are dilutive and should be included both in basic and diluted earnings per share. c. The stock options are dilutive and should be included both in basic and diluted earnings per share in the amount of 333 shares. d. The stock options are dilutive and should be included only in diluted earnings per share in the amount of 333 shares.
Which of the following is a recognized disadvantage of an LLC?
A) State statutes are not uniform. B) Members are not personally liable for the LLC's debts and obligations. C) The LLC has continuity beyond the death of a member or members. D) The LLC can include foreign investors.
Dealing effectively with disappointed customers is an important skill for business communicators. List three of the four strategies that business use to control damage and resolve problems when customers complain. Then, cite two reasons that online complaint sites are gaining momentum