How is the premium or discount on held-to-maturity bond investments presented on the balance sheet?
A) as a part of the cost of the investment and amortized over a period not to exceed five years
B) as a part of the cost of the investment and amortized over the remaining life of the bonds
C) in a separate account that is reported separately from the bonds and amortized over a period not to exceed five years
D) in a separate account that is reported separately from the investment account and not amortized
B
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Which of the following steps is most likely to be the previous step before evaluating performance and making adjustments in the strategic retail planning process?
A. Develop a retail mix to implement strategy. B. Define the business mission. C. Identify strategic opportunities. D. Evaluate strategic opportunities. E. Conduct a SWOT analysis.
Auditors are only concerned with materiality for the financial statements as a whole
a. True b. False Indicate whether the statement is true or false
For the year ending December 31, 2019, the partnership reported a net loss of $147,000. What is Peter's share of the net loss?
Nancy and Peter enter into a partnership and decide to share profits and losses as follows: 1. The first allocation is a salary allowance with Nancy receiving $13,000 and Peter receiving $11,000. 2. The second allocation is 15% of the partners' capital balances at year end. On December 31, 2019, the capital balances for Nancy and Peter are $82,000 and $18,000, respectively. 3. Any remaining profit or loss is allocated equally. A) $13,700 B) $54,000 C) $5800 D) $67,700
When wanting to improve the retention of information on the slide, or stimulate a variety of emotions, what design element should be incorporated?
A) Background designs B) Color C) Artwork D) Typeface variety E) Animation