Under IFRS, companies do not use a
A. discount account but do use a premium account
B. premium account but do use a discount account
C. bonds payable account
D. discount or premium account
Answer: D. discount or premium account
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Based on U.S. consumer segmentation of consumer attitudes toward green marketing, the group that includes heavy users of green marketing products, but is not politically active is called:
A) true-blue greens B) greenback greens C) sprouts D) basic buyers
Under what circumstances does a shareholder have a right to share in the profits of thecompany?
A) Upon the presentation of a creditor's petition for the winding up of the company B) When the company has been wound up and there are assets remaining after all creditors have been paid C) When the directors declare a dividend D) When all monies owed to the company has been repaid E) When the company has been dissolved