Match each of the following items with the appropriate description or example. Each item should be used only once
a. earnings per share
b. quality of earnings
c. big bath charges
d. cookie jar reserves
e. improper revenue recognition
1. how well a reported earnings number communicates actual performance of the company
2. overstatement of sales
3. overstatement of allowance for uncollectible accounts
4. net income divided by the weighted average number of outstanding shares of (common) stock
5. wrote-off as much as possible in a bad year
b, e, d, a, c
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What two themes are consistent with this chapter's examination of sport organizations?
A. Cheating and politics B. Democratic inclusion and fairness C. Honesty and inclusion D. Organizational politics and inclusion
If two parties want to create an enforceable broker-principal relationship concerning a right, title, or interest in real property, the most essential element to do so would be:
A: Written authority for the broker to accept a deposit; B: A written offer to purchase; C: A written employment contract; D: An agreement concerning the commission.