Generally Accepted Accounting Principles (GAAP) require the use of which accounting method for external reporting?
A) absorption costing.
B) variable costing.
C) transfer price costing.
D) responsibility costing.
E) all of these are acceptable for GAAP.
A
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On October 7, 1830, the “black line” formed in Tasmania. It was a human chain of 2,200 soldiers, police, freemen, and convicts stretching across southeastern Tasmania to flush out ______.
a. mercenaries b. ivory traders c. Aboriginals d. pirates
Excel can only be used to simulate systems that can be represented by continuous random variables
Indicate whether this statement is true or false.
What skills can a manager utilize to work well with people and make them feel excited about their work?
A) Human relations skills B) Technical skills C) Accounting skills D) Conceptual skills E) Marketing skills
Stephanie and Mitch are married and they file a joint tax return. Mitch received a slightly higher salary than Stephanie did during the year. They both make very high salaries. Which of the following statements is true?
A. Stephanie and Mitch likely pay a tax marriage penalty. B. Stephanie and Mitch likely pay no tax marriage penalty nor receive a tax marriage benefit. C. Stephanie and Mitch likely will pay a tax marriage penalty and receive a tax marriage benefit. D. Stephanie and Mitch likely receive a tax marriage benefit.