The materiality concept states that a company must ________.
A) report only such information that enhances the financial position of the company
B) perform strictly proper accounting only for significant items
C) report enough information for outsiders to make knowledgeable decisions about the company
D) use the same accounting methods and procedures from period to period
B) perform strictly proper accounting only for significant items
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To group knowledge into manageable data, companies use _____ software.
A. clickstream B. autocategorization C. data mining D. OLAP
One of marketing's main goals is to ________
A) transform all promotional efforts into public relations campaigns B) place the bulk of a firm's messages in digital media outlets C) control every single message in the promotional mix D) purchase media time and space as cheaply as possible E) change consumer behavior relative to a product
The balance in Allowance for Doubtful Accounts must be carefully considered prior to the end of the year adjustment when applying which method?
A) direct write-off method B) estimate based on sales C) estimate based on an analysis of receivables D) both (b) and (c)
The employer's contribution to a defined benefit plan is based on
A) the number of workers that will survive to age 65. B) future returns on investments. C) both future survival rate and future returns on investments. D) is actuarially determined and, therefore,443 based on all of the above.