The Statute of Frauds operates as a defense to the enforcement of an oral contract for the sale of land
Indicate whether the statement is true or false
T
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When a corporation owns more than 50 percent of the voting stock in another corporation, it usually should report its investment by using (the)
A) equity method. B) cost adjusted to market method. C) book value method. D) consolidated financial statements.
Which of the following statements is true regarding equity reserves?
a. Under U.S. GAAP, Other Comprehensive Income represents an equity reserve. b. Under U.S. GAAP, the allowance for doubtful accounts is considered an equity reserve. c. Under U.S. GAAP, appropriations of retained earnings are considered an equity reserve. d. Under U.S. GAAP, equity reserves are not currently allowed.
Paulo Dessario is the owner of Paulo's Pizzeria, which has not been doing well in the last year. He files for bankruptcy under Chapter 13. Which of the following is true of Chapter 13?
A) Paulo must terminate all his business operations in the United States. B) If the pizzeria is not exempt from the Chapter 13 estate, Paulo must close it. C) Paulo is allowed to continue operating the pizzeria, whether or not it is exempt. D) Paulo can only operate the pizzeria but cannot remain in possession of it.
After compiling employee surveys, Grey has developed team-building exercises and additional training for employees who appear to be experiencing a lack of cohesiveness in his company. Grey is involved in which step of the organizational development model?
a. Diagnosis b. Intervention c. Mediation d. Progress monitoring