Identify which of the following accounts are temporary (will be closed to Retained Earnings at the end of the year) and
which are permanent.
(1) Common Stock
(2) Salaries Payable
(3) Cash
(4) Service Revenue
(5) Dividends
(6) Land
(7) Salaries Expense
(8) Retained Earnings
(9) Utilities Expense
(10) Other Operating Expenses

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

In a recent annual report, apple computer reported the following in one of its disclosure notes: "warranty expense: the company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." this note exemplifies apple's use of: (a) conservatism.(b) matching. (c) realization principle. (d) economic entity.