NAICS is an industry classification system used by most nations of the world.
Answer the following statement true (T) or false (F)
False
As its name indicates, NAICS (North American Industry Classification System) has been adopted only by Mexico, Canada, and the United States.
You might also like to view...
The need to protect intellectual property is recognized in the Declaration of Independence
a. True b. False Indicate whether the statement is true or false
Push Company owns 60% of Shove Company's outstanding common stock. Intra-entity sales are as follows:YearInventoryCostTransferPriceInventory Remaining at Year End(at transfer price)20X1$80,000 $100,000 $30,000 20X2$110,000 $130,000 $26,000 Assume Shove sold the inventory to Push. Using the fully adjusted equity method, what journal entry would be recorded by Push to recognize the realization of the 20X1 deferred intercompany profit and to defer the 20X2 unrealized gross profit on inventory sales to Shove? A.Income from Shove Company2,000 Investment in Shove Company 2,000B.Income from Shove Company1,200 Investment in Shove Company 1,200C.Investment in Shove Company2,000 Income from Shove Company 2,000D.Investment in Shove Company1,200 Income from Shove Company 1,200
A. Option A B. Option B C. Option C D. Option D
In pollution cases involving strict liability for abnormally dangerous activities, courts have found which of the following activities to be abnormally dangerous:
a. leakage of chemicals into groundwater b. using wasteful amounts of water in product production c. storing of flammable liquids in quantity in an unpopulated area d. emitting of steam by factories e. all of the other specific choices are correct
Organizations first implemented CRM to capture customer data for analysis
Indicate whether the statement is true or false