Answer:
1 -- A, 2 -- B, 3 -- C, 4 -- E, 5 -- D
Explanation:
Securities held to maturity --
It requires the positive intent as well as ability.
Unrealized holding gains and losses --
Reported for the income statement of trading securities.
Impairment of securities available for sale --
Requires a recognition in income statement when judged to be other than the temporary.
Losses of investee --
Recognized only to extent of the carrying value under an equity method.
Amortization of a patent that was obtained in a business acquisition --
Reduces the investment account under an equity method if the fair value is higher than the book value.
A product-process matrix can be used to address the fact that customers often participate in service processes.
This is FALSE.
A customer is a recipient of goods, services, products, or ideas obtained from a seller, vendor, or supplier through financial transactions or in exchange for money or other valuable consideration.
A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.
The definition of customer is a person who purchases products or services at a store, restaurant, or another retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.
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Answer:
$227,500
Explanation:
The computation of the total amount of cash paid is shown below:
Cash paid for insurance premium = Prepaid Insurance at end of the year + Prepaid Insurance recognized - Prepaid Insurance at the beginning of the year
= $61,250 + $218,750 - $52,500
= $227,500
We simply applied the above formula so that the correct amount of cash paid could come with respect to the insurance premium
Explanation:
Negative implications of the Pygmalion Effect: Unjustified expectations end up becoming real. ... Secondary teachers have lower expectations to colored students and students from poor and disadvantaged backgrounds.