What type of account is Cost of Goods Sold?
A. Expense Account
B. Revenue Account
C. Asset Account
D. Contra-Revenue Account
Ans: A. Expense Account
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Conventional industry practice has the project paid in three parts due: (1 ) after the project is accepted, (2 ) at the project mid-point, and (3 ) at the conclusion of the project
Indicate whether the statement is true or false
The Sarbanes-Oxley Act of 2002, along with related legislation, resulted in which of the following important changes in financial public relations?
A. Held top management personally accountable for a company's financial reports B. Helped public relations practitioners gain inside information on companies, which would help them decide whether to buy or sell those companies' stocks C. Made it more difficult for public relations practitioners to disclose company financial information in a timely way D. Established oversight boards to ensure uniform legal behavior by companies' outside auditors E. Both A and D are correct