Which of the following statements is true regarding ARS 3?
a. One of its principles states that revenue is earned by the entire process of operations of the firm rather than at the point of sale.
b. All of its principles were derived from the postulates of ARS 1.
c. The asset valuation measures prescribed are additive.
d. One of the main criticisms aimed at ARS 3 relates to its advocating the exit-value approach to asset valuation.
ANSWER: A
You might also like to view...
________ was sued by the Justice Department for violating antitrust laws in connection with e-books.
A. Amazon B. Google C. Apple D. Barnes & Noble
Some investors prefer dividends to retained earnings (and the capital gains retained earnings bring), while others prefer retained earnings to dividends. Other things held constant, it makes sense for a company to establish its dividend policy and stick to it, and then it will attract a clientele of investors who like that policy.
Answer the following statement true (T) or false (F)
________ nurture young firms and help them to survive and grow during the startup period when they are most vulnerable.
A. Successful graduates B. International trade organizations C. Conglomerates D. Business incubators
Title VII of the Civil Rights Act of 1964 took effect in which year??
A) 1964? B) ?1963 C) ?1966 D) ?1965