Treasury Stock is normally reported as:
A. An asset account.
B. A reduction of total stockholders' equity.
C. A liability account.
D. An expense account.
Answer: B
You might also like to view...
Explain the term "power distance" in Hofstede's Dimensions of National Culture
What will be an ideal response?
A city council passed a local law restricting the use of water for car washing and lawn watering during a very dry season. This law is an example of
a. common law. b. case law. c. administrative law. d. an ordinance.
Which of the following is not an assumption or a characteristic of a Markov Process?
A) The transition probabilities are the same for any customer. B) The transition probabilities will remain constant over time. C) The probability of being in a particular state at any one time period depends only on the state immediately preceding it. D) In a transition matrix, sum of the row probabilities must sum to one. E) In a transition matrix, sum of the column probabilities must sum to one.
Which of the following is likely to employ a longer marketing channel with more intermediaries?
A. Jet airplanes B. Watermelon C. Canned peas D. Business computer system E. Automobiles