Bond issue costs
a. must be expensed when incurred.
b. must be amortized over the life of the bonds.
c. are recorded in an asset account and not amortized.
d. appear on the balance sheet as a liability.
B
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Businesses set up special columns for every account in the combination journal
Indicate whether the statement is true or false
The systems perspective in adaptive leadership involves looking at problems that ______.
A. require people to adapt to both their internal cues and external environments B. are complex and interconnected in a web of relationships C. require service through using expertise in diagnosing and prescribing solutions D. are focused on psychological parameters for adapting to difficult problems
E-mation, Inc hires Marvin to steal trade secrets from one of its competitors for $10,000 . Marvin demands half of the money up front. E-mation pays Marvin $5000 but Marvin decides not to pursue theft of the trade secrets. E-mation sues Marvin for the return of the $5000 . What will the court do with this contract?
a. The court will order Marvin to return the $5000. b. The court will order Marvin to return the $5000 with interest. c. The court will order Marvin to obtain the trade secrets. d. The court will not do anything to help E-mation get its money back.
Which of the following activities will cause a limited partner to lose his limited liability?
A) Voting on amendments to the limited partnership agreement B) Being an employee of the limited partnership C) Voting on the dissolution of the limited partnership D) Helping with the management of the limited partnership E) Acting as a surety for the limited partnership