Answer the following statement(s) true (T) or false (F)
Observed scores are commonly exactly the same as true scores in the social and behavioral sciences.
ANS:F
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Firms must disclose in notes to the financial statements the cash flows associated with capital leases and with operating leases for each of the succeeding five years and for all years after five years in the aggregate
Indicate whether the statement is true or false
The majority of inter-firm trade involves:
A. spot purchasing of direct goods. B. contract purchasing of indirect goods. C. contract purchasing of direct goods. D. spot purchasing of indirect goods.
A novation is an agreement between two parties to have one substitute for the other in a contract
a. True b. False Indicate whether the statement is true or false
Shield Company needs to purchase a property to build their headquarters. An investor is willing to exchange land worth $700,000 for shares of common stock. On the statement of cash flows, this transaction would be shown as ________
A) investing activities B) non-cash investing and financing activities C) operating activities D) financing activities