Which of the following is not an example of primary data?
a. Data published by the United States Bureau of Census.
b. Data published by Statistics Canada.
c. Data published by the New York Stock Exchange.
d. Financial data tapes that contain data compiled from the New York Stock Exchange.
D
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Which of the following statements is true?
a. Investments in commercial paper or U.S. Treasury bills must be treated as cash equivalents. b. Investments in stock cannot be treated as cash equivalents because they are not convertible into a known amount of cash. c. Investments which are convertible into a known amount of cash and mature within three months after the balance sheet date are treated as cash equivalents. d. Investments in money market accounts cannot be treated as cash equivalents because they do not have a specific maturity date.
According to FASB ASC 606, which of the following is not part of the five-step approach for revenue recognition?
A. Identify the contract(s) with a customer. B. Determine whether the buyer will take a discount. C. Determine the transaction price. D. Identify the performance obligations in the contract.
Without encryption, it would be easy for unethical people using the computer to get your credit card number
Indicate whether the statement is true or false
Email and instant messaging are common ways to communicate informally in an organization. How could cultural differences influence the effectiveness of electronic channels? In what ways could management help employees avoid potential communication problems?