When auditing the premium or discount on bonds (including amortization), the auditor primarily focuses on which assertion?

a. Existence.
b. Completeness.
c. Presentation and disclosure
d. Valuation.


d

Business

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Leshner Corporation began business on January 1 . 2014 . Due to difficulties in beginning operations, the company issued 50 shares of common stock (par $10) on January 1 . 2014, to the organizers. Twenty additional shares were also sold on that date. The following also occurred during the year 2014: February 1 2-for-1 stock split April 1 10 percent stock dividend August 1 5-for-1 stock split

December 1 1-for-2 reverse stock split The weighted average number of shares outstanding for 2014 was a. 77 shares. b. 175 shares. c. 350 shares. d. 385 shares.

Business

IFRS defines market as net realizable value, the estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs to make the sale

Indicate whether the statement is true or false

Business

In most businesses today, e-mail has been overtaken by texting and social media

Indicate whether the statement is true or false

Business

Marketing strategy planning is the process of deciding how best to sell the products the firm produces. 

Answer the following statement true (T) or false (F)

Business