A flexible spending account allows an employee to set up a pre-tax account into which a part of their pay is deposited with their employer to be used to pay for child care and medical expenses
a. True
b. False
a
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Equity earnings can distort the reported results of a business's operations
Indicate whether the statement is true or false
When an enterprise increases its interest in an investment in equity securities accounted for by the fair value method, and changes to the equity method, what is the initial carrying value for purposes of subsequent application of the equity method?
a. Book value at the date of the change b. Original cost plus or minus the net market value change since acquisition c. Market value at the date of the change d. The amount that would be reflected in the investment account had the equity method been in use continually since the purchase of the securities
Which category of ethical dilemma applies to dog walkers who do not scoop up after their pets?
a. Conflict of interest b. Not following the rules c. Balancing ethical dilemmas d. Saying things you know are not true
Which of the following is an example of an independent sample?
A. The time spent by a group of female students in the library is compared to the time spent by them in the cafeteria. B. The average amount spent on purchasing cosmetics by women in their early 30s to the average amount they spend on purchasing fashion accessories. C. The average amount spent on fashion magazines per month by a group of teenagers is compared to the average amount spent on sports magazines per month by the same group of teenagers. D. Male students are compared to female students on the average number of hours they study each weekday. E. The average number of energy drinks consumed per day by a group of male students is compared to the average number of energy drinks consumed per day by the general population.