A company that reports a discontinued operation or an extraordinary item must also report earnings per share for each of these line items

Indicate whether the statement is true or false


TRUE

Business

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To avoid a conviction in a criminal prosecution under the securities laws, there must be at least a reasonable doubt that the defendant knew he or she was acting wrongfully.

Answer the following statement true (T) or false (F)

Business

Conversion to IFRS reporting by all U.S. companies would be best accomplished with a transition plan for all of the following reasons except

A) it would have to be a multi-year process. B) it needs to be an orderly process with a minimum of cost and disruption to the participants. C) certain IFRS need further improvement through continued convergence efforts. D) careful planning would enable maximum manipulation of the IFRS for the financial benefit of the United States.

Business

Which type of nontraditional worker can hand over their work to the next person when their part of the shift ends and the next begins?

A. flextimers B. full-timers C. job sharers D. telecommuters

Business

Arguing that a relationship may exist between two things, but one doesn’t necessarily cause the other to occur, is an example of which type of argument?

a. causation b. correlation c. mediation d. definition

Business