To qualify for the intrastate offering exemption, a corporation can offer to sell its securities only to persons residing in the same state as the corporation
Indicate whether the statement is true or false
true
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Concerning the foreign exchange market, which of the following is FALSE?
a. Virtually all foreign exchange trading takes place in London and Zurich. b. Foreign exchange trading is dominated by the dollar, euro, yen, and pound. c. Individual households, businesses, governments, and banks buy and sell foreign currencies and other debt instruments. d. The foreign exchange market has no centralized meeting place and no formal requirements for participation.
When you consider aspects of your own personality and learn what motivates and interests you, you are conducting the ______.
Fill in the blank(s) with the appropriate word(s).
Net cash flow could be used to measure performance in
a. cost centers and investment centers. b. revenue centers and profit centers. c. revenue centers and investment centers. d. profit and investment centers.
Why is analysis of intangible assets more challenging than the analysis of tangible long-lived assets?
a. Except for software development costs under U.S. GAAP and development costs under IFRS, firms generally do not recognize internally developed intangibles as assets on the balance sheet. b. U.S. GAAP and IFRS require firms to measure the fair values of identifiable intangibles acquired in a business combination and assess whether they have finite lives or indefinite lives. c. Differences between U.S. GAAP and IFRS in the treatment of development costs mean that comparisons of firms that apply U.S. GAAP with firms that apply IFRS require consideration of and adjustment for those differences. d. all of the above e. none of the above