A receipt issued by a warehouser for goods stored in a warehouse is a bill of lading.?
Indicate whether the statement is true or false
False
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Which of the following statements is incorrect with respect to parent-subsidiary corporations?
A. With a consolidated return, net losses of one company can offset net income from another company. B. A parent-subsidiary group must file a consolidated tax return. C. If a consolidated tax return is filed, losses on intercompany sales cannot be immediately recognized. D. A parent-subsidiary group is one where a common parent corporation owns, directly or indirectly, at least 80% of one or more other corporations.
Explain how you can pitch your voice properly during a speech.
What will be an ideal response?
Check kiting is defined as
a. indorsing a check while knowing that the check is a stolen check. b. carelessly paying an unauthorized instrument. c. a scheme of overdrawing account "A" by depositing a check in account "B," then overdrawing account "B" to cover the insufficient funds in account "A." d. issuing an instrument to an impostor who negotiates the instrument to a bank that is unaware of the fraud.
One item that appears on an insurance company's financial statements is a liability that represents an estimate of the claims reported and adjusted but not yet paid, claims reported and filed but not yet adjusted,
and claims incurred but not yet reported to the company. This liability is called the insurer's A) net income. B) loss reserves. C) admitted assets. D) unearned premium reserve.