A manager who is directly responsible for compliance with federal water quality statutes would be liable under the __________ for toxic waste spilled into the river over a period of six months
A) Revised Model Business Corporation Act.
B) federal organizational sentencing doctrine
C) corporate opportunity doctrine.
D) responsible corporate officer doctrine.
D
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Companies can influence the calculation of pension expense by choosing a higher or lower discount rate and/or by choosing a higher or lower expected rate of return on plan assets.
Answer the following statement true (T) or false (F)
An unrealistic picture of the inventory's current value on the balance sheet is an argument against using
A) Specific identification. B) FIFO. C) Average-cost. D) LIFO.
Form utility is ________.
A. production's task in creating an offering that is desired by the market B. that which allows for transfer of the product ownership from seller to buyer C. the firm's task in deciding where to distribute the product D. marketing's task in creating an offering that has value E. created when products are available to customers at a convenient location
The adjusting entry process is completed to account for all revenues of the period and all expenses of the period. Completion of this step in the accounting process is required under which accounting principle?
a. Cash principle b. Historical cost principle c. Matching principle d. Debit principle e. All of the above