False. Loss leaders are products that are sold at or below cost in order to lure you into the store.
Answer:
The correct option is A, risk averse
Explanation:
Risk aversion is a situation where a person undertaking a business or an investor tries as much as possible to limit exposure to losses by taking drastic steps to ensure the losses do not materialize.
The publisher in this case is conscious of facing the lawsuit that could result from publishing story and has taken a precautionary measure by not even venturing into the publishing ,let alone a lawsuit with substantial amount in damages rears its ugly head.
A risk seeking investor would go ahead with the publishing since success could bring a juicy income
Answer:
D. $ 3 million or more
Explanation:
Since the minimum materiality amount on individual basis is $3 million for client's income statement.
Therefore, whether it is on individually or collectively identified that there is misstatement of at least $3 Million the auditor will consider it material.
They will notify appropriate authorities regarding the misstatement.
Answer: A. debit of $3,745 to Premium on Bonds Payable.
Explanation:
The carrying value of the bonds at redemption date is $103,745.
The bonds retired however, had a face value of $100,000.
The company therefore paid a premium on these bonds which is:
= 103,745 - 100,000
= $3,745
This amount will be debited to the Premium on Bonds Payable account.
Answer:
osmotic diuretic
Explanation:
Osmotic diuretic -
It refers to the type of diuretic , which resists the absorption of the sodium and water , is referred to as osmotic diuretic .
In simple terms , it refers to the condition of increased urination , where additional water comes out along with urine .
The reason for Osmotic diuresis can be -
Higher level of sugars in blood .
As the client is facing the issue of increased intracranial pressure , where the amount of fluid around the brain is reduced which is a fatal condition , so in order to avoid this condition , Osmotic diuretic is given , so that the excess fluid can comes out with urine .
Hence , the correct term is osmotic diuretic .
