This year, Game Co took advantage of market conditions to refund its outstanding debt. Game should report the excess of the carrying amount of the old debt over the amount paid to extinguish it as a(n)
A) deferred credit to be amortized over life of new debt.
B) part of continuing operations.
C) extraordinary item, net of income taxes.
D) prior period adjustment.
B
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Activities which can take place at the same time are termed
A. Parallel activity. B. Critical path. C. Independent activity. D. Merge activity. E. Burst activity.
If a project has an expected completion time of 15 weeks with a variance of 4 weeks, there is a 95% likelihood that the project will be completed by what time?
a. by 17.5 weeks b. by 16.5 weeks c. by 15.5 weeks d. by 14.5 weeks
Lorna borrows $175,000 from Mountainside Credit Union to buy a home. Among the terms that must be disclosed under federal law is the annual percentage rate. This is
A. the actual cost of the loan on a yearly basis. B. the average prime offer rate. C. the interest rate at which the loan is made. D. the loan principal.
International copyright protection is automatic¾even in nations that have not signed international agreements relating to intellectual property rights.
Answer the following statement true (T) or false (F)