Contingent liabilities should be recorded in the accounts when: it is possible the future event will occur the amount of the liability can be reasonably estimated. both of the above either of the above

What best determines whether a borrower's investment on an adjustable rate loan goes up or down? a. a fixed interest rate b. a bank's finances. c. a market's condition d. a person's finances

Liability for contracts formed by an agent depends on how the principal is classified and on whether the actions of the agent were authorized or unauthorized. a. true b. false

E25-18 Making outsourcing decisions Cool Systems manufactures an optical switch that it uses in its final product. The switch has the following manufacturing costs per unit: Direct materials $5.00 Direct labor 3.00 Variable overhead 6.

You are tasked with hiring a new systems analyst at your company. one candidate has excellent technical credentials, but does not think customer service is important.

What is the difference between a dairy and meet goat

In latvia, only one six-lane highway exists, connecting riga, its capital, with moscow. otherwise, the roads are two lanes and many are made of cobblestones or bricks.

When the government injects money into the economy, consumers may have more disposable income, which may lead to higher unemployment. higher production lower production. increases in taxes.

Stock prices are determined in the financial markets. Management's primary goal is to maximize the firm's stock price, so financial managers need to understand how these markets operate in order to make good decisions.?

The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements about the WTO that are true. It is possible that more than one statement is true. 1.

On October 1, 2019, Donna Equipment signed a one-year, 8% interest-bearing note payable for $50,000. Assuming that Donna Equipment maintains its books on a calendar year basis, how much interest expense should be reported in the 2020 income