Consequential theories look at whether ________
A) the desired results were achieved
B) the desired people were involved
C) the appropriate methods were used
D) legitimate goals were selected
A
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What is an advantage of cafeteria-style plans?
A. These types of plans have lower administrative costs. B. When companies provide cafeteria-style plans, they do not have to pay unemployment insurance tax. C. Employees do not have to select their individual plans. D. Since employees will select the benefits that they need the most, it reduces the overall costs. E. Employees can get a better understanding of the value of benefits provided.
When a bond sells at a discount, what is probably true about the market interest versus the face interest rate? Discuss
The percent-of-sales method would not result in very accurate financials if used for a tourism company.
Indicate whether the statement is true or false.
[The following information applies to the questions displayed below.]On January 1, Year 1, Pierce Corporation issued $25,000 in 8%, 5-year bonds payable at 102. Interest payments are due each December 31. Pierce uses the straight-line method to amortize bond discounts and premiums.Which of the following shows the effect of the interest payment and amortization on December 31, Year 1? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt. ofCash FlowsA.(2,000)=(160)+(1,840)(1,840)?NA=(1,840)(2,000)FAB.(2,000)=(100)+(1,900)NA?1,900=(1,900)(100)FA/(1,900)OAC.(2,000)=(100)+(1,900)NA?1,900=(1,900)(2,000)OAD.(2,000)=NA+NANA?NA=NA(2,000)OA
A. Option A B. Option B C. Option C D. Option D