« previous next »

Author Question: Which of the following standards of value is often used in dissenting minority interest in ... (Read 69 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jul 6, 2018
Which of the following standards of value is often used in dissenting minority interest in litigation?
 
  A) fair value
  B) fair market value
  C) book value
  D) investment value

Question 2

The adjusting entry to record the amount of prepaid insurance used or expired would involve a
 a. debit to Prepaid Insurance.
  b. credit to Cash.
  c. credit to Insurance Payable.
  d. debit to Insurance Expense.


Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 6, 2018
Answer to Question 1

A
Explanation: A) The second most widely recognized standard of value is fair value (FV), which is often used in dissenting minority interest (or oppression) litigation.

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Historical timeline of regulatory acts, standards, and organizations. Historical timeline of regulatory acts, standards, and organizations.
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
How to calculate present value using the compound interest formula (Question 2) How to calculate present value using the compound interest formula (Question 2)
The treasurer of a union proposes changing the method of compounding interest on premium ... The treasurer of a union proposes changing the method of compounding interest on premium ...
Compound interest Compound interest
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library