Quality of earnings is affected by all of the following except
A) executive compensation.
B) accounting methods.
C) accounting estimates.
D) one-time items.
A
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The financial statements of a business are intended to supply information to several interested parties such as: management, present and potential owners, creditors, employees and their unions, governmental agencies, and sometimes the general public
a. True b. False Indicate whether the statement is true or false
Use _____________ sentences to give directions or commands
a. interrogative b. exclamatory c. persuasive d. imperative
If the market rate of interest is 10%, a $10,000, 12%, 10-year bond that pays interest semiannually would sell at an amount
A) less than face value. B) equal to the face value. C) greater than face value. D) that cannot be determined.
Which of the following is a secondary source of information for a report?
A. Periodicals B. Telephone surveys C. Interviews D. Direct observations