Which of the following principles best describes the conceptual rational for the methods of matching depreciation expense with revenues?
a. associating cause and effect
b. systematic and rational allocation
c. immediate recognition
d. partial recognition
Answer: b. systematic and rational allocation
Business
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A unit investment trust is similar to a mutual fund, except shares are bought in units and the trust is more aggressively managed
Indicate whether the statement is true or false
Business
The way government makes use of Web 2.0 technologies to interact with citizens and provide government services best describes
A) Government 2.0. B) Social Networking 2.0. C) Internet 2.0. D) Democracy 2.0.
Business