Comprehensive income must be reported on the income statement
a. True
b. False
Indicate whether the statement is true or false
False
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Roman Industries' plant operates five days per week with a daily payroll of $6,000 . Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31 . What is the amount of Wages Expense recorded on the next payday, Saturday, April 3?
a. $ -0- b. $ 30,000 c. $ 12,000 d. $ 18,000
Federal contractors with contracts of $50,000 or more are required to develop:
a. social security benefit plans. b. affirmative action plans. c. federal contract compliance programs. d. occupational health and safety plans.
Roscoe Hardware carries stock of the complete line of Ever-Green Push Lawn Mowers. Its competitor down the street sells the same mowers at a special price by special order but does not carry any inventory. This situation creates
A. vertical channel conflict. B. a competitive discrepancy. C. horizontal channel conflict. D. reverse channels. E. exclusive distribution rights.
Which of the following is true of the American Customer Satisfaction Index?
a. It is not effective in quantifying the value that customers place on products. b. It evaluates only the goods and services produced by the domestic firms. c. It is based on customer evaluations of the quality of goods and services. d. It is updated on a rolling basis once a year by measuring all the sectors of the economy.