Each of the three categories of investments in debt and equity securities has similar accounting for all of the following transactions except
A) initial recording of cost.
B) recognition of dividend and interest income.
C) recognition of realized gains or losses on sales.
D) recognition of unrealized holding gains and losses.
D
You might also like to view...
The accounts receivable turnover ratio is computed by dividing_____________by average accounts receivable
Fill in the blank(s) with correct word
Which of the following statements is false?
a. Cash equivalents are included in cash on the balance sheet and on the statement of cash flows. b. Investments in cash equivalents and investments in stock have the same economic effect--assets increase and decrease by the same amount. c. An investment is a cash equivalent if it is convertible into a known amount of cash and has an original maturity of 3 months or less when purchased. d. Investments in stock are reported as a financing activity on the statement of cash flows.
The marketing mix consists of the following variables: external environmental factors, internal environmental factors, and marketing strategy.
Answer the following statement true (T) or false (F)
A big advantage of a process-oriented layout is:
A) its flexibility in equipment and labor assignments. B) its low cost. C) the simplified scheduling problem presented by this layout strategy. D) the ability to employ low-skilled labor. E) its high equipment utilization.