A sample of 100 e-mail users were asked whether their primary e -mail account was a
free account, an institutional (school or work) account, or an account that they pay for
personally. Identify the classes for the resulting data.
What will be an ideal response?
free account, institutional account, account paid for personally
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A subsidiary owns shares of its parent company. Which of the following is true concerning the treasury stock approach?
A) it is one of several options to account for mutual holdings available under current accounting standards. B) The original cost of the subsidiary's investment is a reduction in consolidated stockholders' equity. C) The subsidiary accrues income on its investment by using the equity method. D) the treasury stock approach eliminates these shares entirely within the consolidation process.
Saying that overreaching in business is like "getting in front of our headlights" is:
a. an example b. a comparison c. both of the above d. none of the above