You have created some healthy goals for yourself that includes eating better and exercising more. Even though your significant other says that they are supportive of this goal (and you really do think they mean it), they are always encouraging you to combat your stressful schedule by getting fast food instead of cooking dinner at home or sitting on the couch and relaxing instead of going to the gym. The problem is that if you always choose to eat fast food or sit on the couch relaxing when you are stressed, you would never-ever eat healthier or make it to the gym (life of a busy college student and all…). Plus, you know that eating well and exercising is actually a more effective way to reduce stress. Write a “new sandwich” that you could use to help them understand you disagree with their way as the only way to combat stress.

Which of the following taxes does not represent a common employee payroll deduction?

Usually, companies compute depletion for accounting purposes using 

A zero-interest-bearing note payable that is issued at a discount will not result in interest expense being recognized.

Trademarks and tradenames are marketing-related intangible assets with limited lives.

The major objection to the straight-line method is that it assumes the asset’s economic usefulness and maintenance and repair expense are the same each year.

Contingent liabilities are not recorded for unfiled lawsuits.

Which of the following is true of depreciation accounting?

The cost of acquiring a customer list from another company is recorded as an intangible asset. 

Which of the following is reported as an operating expense?