A tax accountant categorizes costs in conformity with rules of the Securities and Exchange Commission and the Financial Accounting Standards Board so that investors can better compare the records and prospects of different companies
Indicate whether the statement is true or false
F
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Internal economies in the U.S. during its period of industrialization involved the
(a) production of goods in factories. (b) production in small, isolated towns spread throughout the U.S. (c) production of goods in factories grouped together in the same geographical region. (d) production of goods in isolated factories spread throughout the U.S.
U.S. farm subsidies are a sticking point in negotiating freer international trade agreements
a. True b. False
In the short run, exchange rates are most directly affected by which of the following?
A) flows of financial capital B) purchasing power parity C) trade barriers D) imports and exports
Governments often ________ activities that generate external ________.
A. subsidize; costs B. tax; benefits C. simultaneously tax and subsidize; costs D. subsidize; benefits