The Civil Rights Acts of 1866 and 1870 were passed during the Reconstruction era immediately following the:

a. Cold War.

b. Civil War.

c. World War II.

d. World War I.


b

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Under the allowance method, when a specific account is written off,

a. total assets will be unchanged. b. total assets will decrease. c. net income will decrease. d. total assets will increase.

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The communication stage of accounting is accomplished by

A) storing data. B) reporting to decision makers. C) processing data. D) recording data.

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Worth writes that social entrepreneurs are ______ forces.

A. positive B. disruptive C. encouraging D. discouraging

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Which of the following is a provision of SFAS No. 131?

a. Segment liabilities must be reported, but reported segment assets is optional. b. Reconciliation of segment profit or loss to consolidated profit of loss must be done before income taxes. c. A segment is constituted by having 20% or more of combined revenue of all operating segments. d. Segment reporting is based on the way management organizes the segments for making operating decisions and assessing performance.

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