Available-for-sale securities are recorded at cost when purchased. After acquisition they are reported on the balance sheet at their fair values with any unrealized holding gains or losses shown as part of other comprehensive income.
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In a retail supply chain, the ________ records the purchase information and electronically sends it to the corporate office.
A) UPC B) POS terminal C) VMI D) ASN E) data warehouse
Which of the following statements regarding fixed costs is incorrect
A) Fixed costs expressed on a per unit basis will react inversely with changes in activity. B) Expressing fixed costs on a per unit basis usually is the best approach for decision-making. C) Assumptions by accountants regarding the behaviour of fixed costs rest heavily on the concept of the relevant range. D) Fixed costs frequently represent long-term investments in property, plant, and equipment.
The view that people will rationally consider available opportunities and do whatever is necessary to achieve the greatest personal economic gain is the underlying assumption of which approach to management thought?
A) quantitative approach B) socio-economic approach C) modern approach D) classical approach E) behavioural approach
The board of directors of Wessex Inc.declared a cash dividend on November 15, 2022, to be paid on December 15, 2022, to shareholders owning shares on November 30, 2022.Given these facts, the date of November 30, 2022, is referred to as the
A) declaration date. B) record date. C) payment date. D) authorization date.