Special purpose accounting frameworks are considered generally accepted accounting principles (GAAP) for state and local governments.
Answer the following statement true (T) or false (F)
False
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Which of the following is an employee characteristic of relevance in path-goal theory?
A. Position power B. Work satisfaction C. Need for achievement D. Task awareness E. Extroversion
Mini-Case Question. Aster Inc identifies that the market attractiveness index for the cell phone market is equal to 25
The firm decides to adopt a strategy of minimizing investment in its business, and striving for maximum cash flow from its market position. Aster Inc aims to manage prices and marketing resources in a way that maximizes its cash flow without exiting the market. Aster Inc is considering on using which of the following strategic market plans? A) an invest to grow strategy B) a monetize strategy C) an optimize position strategy D) a harvest strategy E) a disintermediation strategy
A bond indenture is
a. a bond that is secured by specific assets of the issuing corporation. b. the agreement between the issuing corporation and the bondholders. c. a bond that is unsecured. d. a bond that has past due interest payments.
Each full-time employee of Hydroponics Greenhouse is entitled to ten paid sick days each year. The sick pay is not vested, but any unused sick days can be carried over to subsequent years. Under FASB ASC Topic 710, Hydroponics Greenhouse should
a. recognize sick pay as an expense when actually paid. b. recognize an estimated current liability for unused sick pay at the end of each period. c. recognize an estimated noncurrent liability for unused sick pay at the end of each period. d. accrue or not accrue sick pay based on historical rates of absenteeism.