Which organization would have the ultimate responsibility of deciding if the advantages outweigh the disadvantages in the adoption of IFRS accounting standards in the U.S.?
a. FASB
b. SEC
c. IASB
d. AICPA
b
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Tyler is developing a list of references for his job search. Whom should he include on this list?
A) Instructors B) Current and previous employers C) Colleagues and subordinates D) All of these
Company sales records, customer support records, and sales force reports are all forms of
A. external company data. B. internal company data. C. competitive intelligence. D. predictive models.
Contracts for the sale of goods which cost more than ________ invoke the use of the Uniform Commercial Code (UCC)
A. $50 B. $500 C. $5,000 D. $50,000
A petty cash fund was established with a $390 balance. It currently has cash of $45 and petty cash tickets totaling $345. Which of the following would be included in the entry to replenish the fund?
A) a credit to Petty Cash for $345 B) a debit to Petty Cash for $45 C) a credit to Cash for $45 D) a debit to various expenses for $345