On the income statement, income from discontinued operations is shown
a. as an accounting principle change.
b. without any income tax effect.
c. as a separate section of income from continuing operations.
d. net of taxes after income from continuing operations.
D
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_______ are regulatory agencies, such as the SEC (Securities and Exchange Commission), that establish ground rules under which organizations may operate.
A. Whistle-blowers B. Government moderators C. Government regulators D. Interest groups E. Watchdogs
Which of the following is a guideline for the construction of pie charts??
A) ?Position the smallest slice or the slice that need not be emphasized at the twelve o'clock position. B) ?Working counterclockwise, place all slices in descending order of size. C) ?Label only important slices with information about the quantitative size (percent, dollars, etc.) of each slice. D) ?If it is not possible to place appropriate labeling information beside each slice, use a legend to identify each slice.
Static and flexible budgets are similar in that:
A. They both are based on the same per-unit variable amounts and the same fixed costs. B. They both are prepared for multiple activity levels. C. They both concentrate solely on costs. D. None of these answers are correct.
High demand for online video streaming options is one of Netflix's core competencies.
Answer the following statement true (T) or false (F)