A Treasury bond pays interest quarterly
Indicate whether the statement is true or false.
FALSE
You might also like to view...
When writing for a claim or adjustment, what should be included in the closing paragraph?
A) Specific explanation of reason for the claim B) An offering of supporting documentation such as receipts C) A request for specific action D) A statement of the problem E) The remedy being sought
Lillian is researching two different restaurant point-of-sale systems. She is starting a new café and hopes to have the program installed by the end of the month. It has taken her a few weeks to gather the information needed so that she can make the best decision. Lillian is making what type of decision?
A. nonprogrammed B. executive C. strategy D. programmed
Revenue for which the service has been performed but no entry has been made in the accounting records is accrued revenue
Indicate whether the statement is true or false
When calculating a partial year's depreciation, the length of time an asset has been owned usually is rounded to the nearest month. This rounding practice is justified by the principle or rule of
A) matching. B) materiality. C) conservatism. D) full disclosure.