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Unformatted text preview: resolved until some future event occurs. 5. __ E __ Nonoperating gains and losses that are unusual in nature, infrequent in occurrence, and material in amount. 6. __ B __ The amount of tax expected to be paid to federal and state governments by companies, based on taxable income. 7. __ F ___ Items incurred or earned from activities that are outside the normal operations of a company’s business. 8. __ L __ The monthly amount a company promises an employee will receive after they retire, based on certain factors (e.g., number of years of service). 9. __ H __ Money collected from customers that must be remitted to government taxing authorities. 10. __ K __ The difference between sales revenue and cost of goods sold....
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This note was uploaded on 04/18/2009 for the course MGA 201 taught by Professor Anderson during the Fall '08 term at SUNY Buffalo.
- Fall '08