Under common law, the crime of burglary could occur only at night
Indicate whether the statement is true or false
TRUE
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A credit union that obtains a federal charter obtains its charter from which government agency?
A. The Federal Savings and Loan Insurance Corporation B. The National Credit Union Administration C. The Federal Deposit Insurance Corporation D. The Office of the Comptroller of the Currency
The accounting equation is ________.
What will be an ideal response?
A firm decides to issue stock, pursuant to a stock split, on a 2-for-1 basis. What entry is necessary for this issuance?
a. Retained Earnings Common Stock--Par Value b. Additional Paid-in Capital Common Stock--Par Value c. Retained Earnings Common Stock--Par Value Common Stock--Additional Paid-in Capital d. Common Stock--Par Value Common Stock--Additional Paid-in Capital Retained Earnings e. No journal entry is necessary but the par value of the stock must be restated on a per share basis.
Which of the following is a characteristic of a service (i.e., not a product or good)?
a. usually labor intensive b. involves the transformation of raw materials c. easy to track and monitor quality d. can be easily stored for future use