________ activities generally include those transactions and events that affect long-term assets.
Fill in the blank(s) with the appropriate word(s).
Investing
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The accounting practice of ____________________ states that we should never anticipate gains, but always anticipate and account for losses
Fill in the blank(s) with correct word
Which of the following terms-of-trade concepts is calculated by dividing the change in a country's export price index by the change in its import price index between two points in time, multiplied by 100 to express the terms of trade in percentages?
a. commodity terms of trade b. marginal rate of transformation c. marginal rate of substitution d. autarky price ratio
The cost-adjusted-to-market method of accounting for investments is used when the investment is
a. controlling. b. influential and noncontrolling. c. noninfluential and controlling. d. noninfluential and noncontrolling.
Global governments are likely to see social entrepreneurship as ______.
A. a tool for developing socialistic economies B. a tool for developing free market economies C. dominant forms of business in the global marketplace D. complementary to the traditional approach of philanthropy