Disclosure of a retrospective adjustment should include

A) why the new principle is preferable.
B) the net impact on assets of the retrospective adjustment.
C) the retrospective computation of earnings per share only for the current period.
D) ending balance in Retained Earnings before and after the retrospective adjustment.


A

Business

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A computer dealer induced a finance company to enter into a hire-purchase agreement by contributing false information about the amount of deposit paid by the customer unknowingly, who later defaulted and sold the computer to a third party. This is an example of:

A. a warranty of fact. B. sales puffery. C. a statement of fact. D. misrepresentation. E. misuse of relationship marketing.

Business

All of the following steps should be taken before a firm's subject matter expert is interviewed by a reporter EXCEPT ________

A) communicating with the reporter before the interview B) keeping the interviewee fresh by avoiding practice interviews C) investigating the reporter's style and particular media outlet D) working with the reporter to clarify the goals of the interview E) preparing the interviewee with accurate facts and statistics

Business

What is broadbanding?

What will be an ideal response?

Business

The team should commit to as many new goals that receive a positive rating from the strategic goal analysis process.

a. True b. False

Business