In order for activities to be useful as schedule building blocks, they should have tangible output that can be verified
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The expense recognition principle, also called the matching principle:
A. Provides guidance on when a company must recognize revenue. B. Prescribes that accounting information is based on actual cost. C. Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. D. Prescribes that a company record the expenses it incurred to generate the revenue reported. E. Prescribes that a company report the details behind financial statements that would impact users' decisions.
The Professional Flying Co had 20,000 shares at the beginning of 2010 . On 3/1/2010, 24,000 additional shares were issued. 2,000 shares were reacquired and retired on 7/1/2010 . 12,000 additional shares were issued on 12/1/2010 . The weighted average number of shares for 2010 is ________
a. 39,000 b. 40,000 c. 41,000 d. 54,000
Privacy settings on social networking sites do not guarantee complete protection
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The SEC issues ratings on the estimated risk of investing in a particular security
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