Finish to start lags are the same as additional activity slack

Indicate whether the statement is true or false


FALSE

Business

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Derivative financial instruments must be reported as either assets or liabilities on the balance sheet and be measured at their net realizable value

Indicate whether the statement is true or false

Business

Atherton, Inc., a U.S. company, expects to order goods from a foreign supplier at a price of 100,000 lira, with delivery and payment to be made on April 17. On January 17, Atherton purchased a three-month call option on 100,000 lira and designated this option as a cash flow hedge of a forecasted foreign currency transaction. The following exchange rates apply:  Option strike price$4.34 Option cost$5,000 January 17 Spot Rate$4.34 April 17 Spot Rate$4.26 ??What amount will Atherton include as an option expense in net income for the period January 17 to April 17?

A. $4,260. B. $4,000. C. $5,260. D. $5,000. E. $4,340.

Business

A stock dividend, declared by a corporation's directors, is a distribution of additional shares of the corporation's own stock to its stockholders without any payment in return. 

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

Business

The Uniform Commercial Code (UCC) does not permit several writings to be integrated to form a single written contract

Indicate whether the statement is true or false

Business