Premium on bonds payable may be amortized by the straight-line method if the results obtained by its use do not materially differ from the results obtained by use of the interest method
Indicate whether the statement is true or false
True
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Companies experiencing seasonal variations in sales often choose a fiscal year corresponding to their ________ year.
Fill in the blank(s) with the appropriate word(s).
Salah's net income for the year ended December 31, Year 2 was $175,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2.At December 31Year 2Year 1Common Stock, $5 par value$500,000 $450,000 Paid-in capital in excess of par 948,000 853,000 Retained earnings 688,000 582,000
A. $95,000. B. $201,000. C. $79,000. D. $50,000. E. $69,000.
What is referred to now as a commonly used form of scale for measurement?
a. Rensis Scale b. Likert Scale c. Survey Scale d. Research Scale
Investing in information systems and creating horizontal relationships are techniques that make it possible for an organization to
A. increase the availability of resources. B. decrease the need to share information across units. C. process more information. D. reduce the need for information. E. create slack resources.