Adam sells audio and video equipment. He tells a customer, Abbey, "This MP3 player is the best one ever made." Adam's statement is:

a. fact.

b. fraudulent misrepresentation.

c. puffery.

d. appropriation.

Komali, the founder of astro computing, believes in employee empowerment, so as soon as she began hiring managers, she made subordinate reviews part of her company's performance appraisal system.

Each of the following would be reported as items of other comprehensive income except:a. foreign currency translation adjustment. b. gain on projected pension benefit obligation. c. deferred gain from derivatives. d. gain from the sale of equipment.

What's another alternative to a bank that's not for profit A. Savings acct B. Bank of America C. Credit union D. Best bank

What is an example of a long term liability?

Penny's parents deposits $15,000 for her college tuition in an account with 3% simple interest rate. how long will it take to earn 3,600 in interest? a. 5 years b. 8 years c. 10 years d. 12 years

The main source of profit for financial institutions comes from: a) their ownership of stocks in commercial corporations. b) their ownership of real assets received in foreclosures on loans to households.

At the beginning of the year, Swift, Inc.'s Work-in-Process Inventory account had a balance of $ 124 comma 000. During the year, $ 250 comma 000 of direct materials were used in production, and $ 74 comma 000 of direct labor costs were incurred.

Slinky Company purchased merchandise on June 10, 2021, at a price of $26,000, subject to credit terms of 4/10, n/30. Slinky uses the net method for recording purchases and uses a perpetual inventory system. Required: 1.

The city council made an appropriation to the police department of $95,000 for the purchase of supplies, equipment, and vehicles. The following transactions and events occurred regarding this appropriation.

1. Everyone has the same amount of risk. True False