A gain is earned when retiring bonds before their maturity date is recognized by
A. amortizing it over the remaining life of the bond.
B. making a prior period adjustment.
C. reporting it as an extraordinary item in the year of retirement.
D. reporting it as an ordinary item in the year of retirement.
Answer: D
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Indicate whether the statement is true or false
What is the major cost element of the railroad?
a. operation and maintenance of locomotives b. operation and maintenance of rights c. operation and maintenance of railcars d. operation and maintenance of yards and terminals
Which of the following values for z should we use in as a safety stock calculation if we want a service probability of 98 percent?
A. 1.96 B. 2.30 C. 1.64 D. 2.05 E. None of these
In the general model, an efficiency variance is calculated as:
A. (AP × SQ) - (SP × SQ) B. (SP × AQ) - (SP × SQ) C. (AP × AQ) - (SP × SQ) D. (AP × AQ) - (SP × AQ)