Depreciation and amortization expenses appear in the income statement, and are sometimes
a. disclosed separately.
b. included in selling and administrative expenses.
c. included as part of cost of goods sold expense.
d. all of the above
e. none of the above
D
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At the time a company signs a contract to pay an employee a certain salary in the future, it records a liability
Indicate whether the statement is true or false
The current portion of long-term debt is classified as a current liability only if it is due within the next year and is to be paid from current assets
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. All companies have been affected by computer-based fraud, such as data processing or data entry routines that are modified. 2. Viruses and trojans are common external security threats to organizations and often come in e-mail attachments. 3. A hacker is defined as someone who accesses a computer or computer network unlawfully. 4. Three main goals of information security are to achieve confidentiality, integrity, and availability within an HRIS.
Rates for a head-of-household taxpayer are 10% of taxable income up to $11,950 and 15% thereafter up to $45,550 . Earlene Brown, head of household, earned $41,700 . She itemized the following deductions: $6,600 interest on her house, $2,100 state tax,
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