Estimating and recording product warranty expense in the period of the sale best follows the

A) cost concept
B) business entity concept
C) matching concept
D) materiality concept

The CICA implemented new rules for lease accounting which formalized the distinction between operating and capital leases in:

A) 1912
B) 1946
C) 1967
D) 1979
E) 2001

What does the shipping term "FOB" indicate?

A) Fee on board
B) Fee on basis
C) Freedom of board
D) Free on board
E) Free of bailment

The employees at the Seacliff Foundation are continuously conducting research on ways to improve facilities and benefits for the impoverished children they care for. They then implement the ideas resulting from their research. This is an example of

A) brand alignment.
B) continuous learning.
C) employee engagement.
D) performance management.
E) expert systems.

From an interview, an employer can learn what drives and motivates you.

Divestitures are of two types:

A) sell-offs and trade-offs.
B) trade-offs and spin-offs.
C) buy-offs and spin-offs.
D) sell-offs and spin-offs.