Under both the accounting and tax law concepts of income, income must be "realized."
Answer the following statement true (T) or false (F)
True
The realization event is required under both accounting and tax law concepts of income, as opposed to an increase in wealth.
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The ____________________ is the date on which the dividend is actually paid by the corporation
Fill in the blank(s) with correct word
Last night while he was eating dinner, Tom got a phone call from a salesperson who wanted to know if he would be interested in subscribing to the local newspaper. The salesperson would best be described as a:
A. prospect. B. referral. C. endless chain prospect. D. telemarketer. E. center of influence.
Refer to Table 4-2. The Debt to Equity ratio for 2008 was approximately
A) 1.95. B) 0.51. C) 0.95. D) 2.05. E) 1.05.
Which of the following is considered as an attribution of a service promise?
a. realistic b. attractive c. implicit d. simple