A country that barters goods it produces for goods produced by another country is engaged in countertrading

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: A country may also barter goods for services.

Business

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

1) A company is uncertain whether a complex transaction should be recorded as a gain or loss. Under the conservatism principle, it should choose to treat it as a loss. 2) A company is uncertain whether a complex transaction should result in an asset being recorded at $100,000 or at $150,000. Under the conservatism principle, it should choose to show it at $100,000. 3) The consistency principle states that businesses should report the same amount of ending merchandise inventory from period to period. 4) The disclosure principle states that a company should report enough information for outsiders to make knowledgeable decisions about the company. 5) A company discovers that its cost of goods sold is understated by an insignificant amount. It does not need to correct the error because of the conservatism principle.

Business

Outside financing:

A. increases a firm's drive for sales and profits. B. increases the venture's impulse to spend. C. increases the company's flexibility. D. usually takes between 15 days to three months to raise capital.

Business

Explain the concepts of legal positivism, natural law, and legal realism as they relate to the field of jurisprudence

Business

It is true that in an HDFS cluster the NameNode is the:

A) large number of slaves. B) single master server. C) language library. D) business intelligence.

Business