Which of the following statements is true?

A) No loss contingencies should be disclosed if there is just a reasonable possibility of a loss.
B) Indirect guarantees should normally be accrued.
C) In the case of loss contingencies, accrual can be made even if the exact payee and payment date are not known.
D) Losses may be accrued for unasserted claims and other potential unfiled lawsuits.


C

Business

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Which element of the behavioral perspective listed below is defined as the process of forming associations between learning and behavior that occurs when the consequences of behavior are being controlled?

A. operant conditioning B. conditioned response C. reinforcement theory D. classical conditioning

Business

Choose the correct word or words in parentheses. Alana (lay, laid) her term paper on the desk

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Singleton, an eighty-year-old widower, remarried. The next day, he made a will leaving everything to his son, Joey. A week after his marriage, Singleton died. How will his estate be handled?

Business

The project plan is supported by:

A) The work breakdown structure, the budget, and the schedule. B) The work breakdown structure, the budget, and the work packages. C) The work breakdown structure, the work packages, and the schedule. D) The work breakdown structure, the schedule, and the contingency plan.

Business