Which of the following is typically associated with cookie jar reserves?
a. Purchased in-process research and development
b. Recognizing very high bad debt expense when earnings are high
c. Recognizing revenue when a contract is signed prior to delivery of goods or performance of services
d. Proforma earnings
B
Business
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Usually, CEO pay is determined by managerial power.
a. true b. false
Business
If a firm has class A and class B common stock outstanding, it means that ________
A) each class receives a different dividend B) the par value of each class is different C) the dividend paid to one of the classes is tax deductible by the corporation D) one of the classes is probably nonvoting stock
Business