If a buyer or lessee fails to reject the goods within a reasonable amount of time, acceptance will be presumed

Indicate whether the statement is true or false


T

Business

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Companies report prior period adjustments, net of any income tax effects in the:

A. Balance sheet. B. Statement of retained earnings. C. Income statement. D. No disclosure is required. E. Statement of cash flows.

Business

According to the catering theory, firms cater to the preferences of ________

A) investors B) creditors C) managers D) government

Business

?If you decide to buy 100 shares of Google, you would probably do so by calling your broker and asking him or her to execute the trade for you. This would be defined as a secondary market transaction, not a primary market transaction.

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

Business

Growing crops are considered part of the real property

Indicate whether the statement is true or false

Business