Expensing a building in the year of purchase represents an abuse of which of the following accounting conventions?
A) Full disclosure
B) Cost-benefit
C) Conservatism
D) Consistency
C
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If you have a quavering voice, one solution is to:
a. hold your breath for 3 seconds and then release it slowly b. take a deep breath c. smile broadly to relax your facial and throat muscles d. none of the above
State employers arenotimmune from private suits brought by employees under the Age Discrimination in Employment Act
a. True b. False Indicate whether the statement is true or false
Which of the following is shown on a statement of changes in net assets?
A. A gain on the sale of equipment. B. A contribution without donor restrictions. C. A loss from a discontinued operation. D. An increase in net assets with donor restrictions.
Which one of the following provides the greatest reduction in total risk?
A) diversification B) asset allocation C) security selection D) beta reduction