The acquisition costs of property, plant, and equipment should include all normal, reasonable and necessary costs toget the asset in place and ready for use

a. True
b. False

Indicate whether the statement is true or false


True

Business

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Which of the following statements is true with regard to early retirement of bonds?

a. If the carrying value of the bonds is higher than the redemption price, the issuing firm must record a loss. b. Firms always find it advantageous to retire bonds issued at lower rates with bonds issued at higher rates. c. It is always advantageous to carry out early retirement for bonds issued at a premium but not for bonds issued at a discount. d. Any gain or loss resulting from early retirement of bonds would appear on the income statement of the issuing company.

Business

Why is research even more important to public relations practitioners today than it was just a decade ago?

What will be an ideal response?

Business

Effective employee theft deterrents include _____

a. alternating the direction of hangers on merchandise near exits b. using iron gates and/or shatterproof glass on display windows c. inspecting all packages brought into the store d. locking up trash containers kept outside

Business

A company with a AAA bond rating will command a higher interest rate on its bonds than a

company with a lesser BBB bond rating. Indicate whether the statement is true or false

Business