Passive voice is wrong, and you should avoid it entirely for business writing
a. true
b. false
b
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The word "probable" appears in the definitions of assets and liabilities and in the recognition criteria for liabilities with uncertain amount and/or timing
a. What is the meaning of probable as used in the definitions of assets and liabilities? b. How does the meaning of probable as used in the recognition criteria for liabilities with uncertain amount and/or timing differ between U.S. GAAP and IFRS?
Cash basis individuals must accrue market discount on a bond as annual interest income over the life of the bond.
Answer the following statement true (T) or false (F)
Six months ago, a company purchased an investment in debt for $71,450. The investment is classified as available-for-sale securities. This is the company's first and only investment in available-for-sale securities. The current fair value of the debt is $68,000. The company should record a:
A. Credit to Unrealized Gain-Equity for $3450. B. Debit to Unrealized Loss-Equity for $3450. C. No entry is required. D. Credit to Investment Revenue for $3450. E. Debit to Investment Revenue for $3450.
A dummy activity in a PERT network allows us to:
Consider the following project. Activity Immediate Processor Activity Time (days) A - 6 B - 8 C A, B 5 D B 4 E C 7 F C, D 3 G D 6 H E, F, G 5 A) specify the positive time and resources required to complete the activity. B) maintain the precedence relationships. C) add more starting nodes. D) add more ending nodes.