Cookies are dangerous because they ________
A) allow a website to track what pages you have visited
B) may contain sensitive private information about you
C) Both A and B
D) Neither A nor B
Answer: C
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Companies should record stock issued for services or noncash property at either the fair value of the stock issued or thefair value of the consideration received, whichever is more clearly determinable
a. true b. false
Becker Technologies invests $50,000 to acquire $50,000 face value, 8%, five-year corporate bonds on January 2, 2012
The bonds will mature on January 2, 2017. The bonds pay interest semiannually on January 2 and July 2 each year until maturity. When Becker Technologies receives interest payments, how is the accounting equation affected? A) assets will decrease B) total assets will remain unchanged C) liabilities will decrease D) equity will increase