A change in estimate should be recorded_________________
Fill in the blank(s) with correct word
prospectively
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Tax judicial decisions each have a single, unique citation.
Answer the following statement true (T) or false (F)
A FAQ included in a press kit can best be described as a ________
A) fact sheet in a question and answer format B) biographical sketch of organization executives C) backgrounder in chronological order D) summary of statistics and clippings E) press release for electronic media outlets
Which of the following items is reported on the statement of cash flows under financing activities?
A. Payment of a stock dividend. B. Payment for merchandise. C. Payment of a cash dividend. D. Stock split. E. Purchase of equipment for cash.
Under the doctrine of commercial impracticability, which situation would NOT excuse the seller's performance?
a. The seller forgot to include the cost of freight in a C&F contract. b. The seller's source of supply is no longer available because of a governmental embargo prohibiting an export from another country. c. The seller cannot deliver because severe flooding wiped out three-fourths of the state's produce. d. The seller's workforce is out on an unexpected strike.