U.S. GAAP and IFRS provide for two methods of accounting for long-term leases: the operating lease method and the capital or finance lease method
Indicate whether the statement is true or false
T
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Cash includes:
a. currency. b. money orders. c. bank checks. d. checking accounts and time deposits. e. all of the above.
Which of the following refers to discharge of a contract due to a situation that makes performance of that contract unreasonably expensive, injurious, or costly to a party?
A) rescission B) commercial impracticability C) condition precedent D) condition subsequent
Only two persons can hold property as tenants in common.
Answer the following statement true (T) or false (F)
A ________ key refers to an attribute that appears as a non-primary key attribute in one entity and as a primary key attribute (or part of a primary key) in another entity
A) primary B) table C) foreign D) super E) candidate