In a correlated subquery, the same table is used in the upper and lower SELECT statements
Indicate whether the statement is true or false
TRUE
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Which of the following is considered a social goal related justification for imposing financial reporting regulation?
a. Information symmetry b. Comparability c. A competitive capital market d. All of the above
The life cycle of a plant asset includes: acquisition, usage, and disposal.
Indicate whether the statement is true or false.
Jason's mother would like him to go to college, so in June he enrolls at the local university. He also quits his job and tells his mother his plans to take classes. His mother says, "I'm so happy that you are going to college that I want to pay for your books." Jason then sends her a bill for $485 . Jason's mother's promise is:
a. enforceable, because Jason returned to college. b. enforceable, because Jason is giving up the right to do something else. c. unenforceable, because it is a unilateral contract. d. unenforceable, because Jason had already enrolled in school when she made the statement that she wanted to pay for his books, and there is no consideration.
Describe a successful entrepreneur’s typical reaction to failures, particularly small ones.
a. They have very few failures because they do everything to avoid them. b. They get out of the business as early as possible in order to cut their losses. c. They see failures as opportunities to build on what they learned or capture new opportunities. d. They try to make failures happen to increase the overall creative tension.