Of the following is not a criteria for recognizing a liability associated with exit or disposal activities?

A bond that matures in installments is known as a:

At year end, ABC company estimates that its employees have earned vacation pay of $50,000. Employees will receive their vacation pay in year 2. Should ABC accrue a liability at year end if the rights to this compensation accumulated over time or if the rights are vested?

The Marine Company has 200,000 common shares issued and outstanding. The stock was issued several years ago at a price above the $20 par value per share. During the current year, the board of directors declared a 30% stock dividend when the price of the shares was $45 per share. What reduction is recorded in the amount of retained earnings as a result of this dividend?

The board of Directors for the Steak Corporation declares a $3 per share cash dividend on November 1, Year 5, to be paid to owners on record at November 15, Year 5. Checks will be distributed on November 29, Year 5. Prior to declaring the dividend, Steak Corporation has 150,000 shares outstanding and held 25,000 shares of treasury stock. On November 23, Year 5, Steak bought back an additional 15,000 shares of treasury stock. On what date should Steak reduce their working capital for this dividend?

A company issues 15,000 shares of its $10 par value common stock at $18 per share. Later, 3,000 of these shares are bough back as treasury stock at a cost of $20 per share. Which of the following is true?