Ethical choices often prove costly to firms in the short term
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TRUE
Business
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The number of equivalent units for direct materials is the same as the number for conversion costs
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Business
U.S. GAAP and IFRS require firms to disclose unrealized gains and losses that historically have bypassed the income statement in a category called other comprehensive income
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Business
Business firms are permitted to systematically charge a portion of the market value of fixed assets as depreciation against annual revenues
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Business
Many captive insurance companies are located in states where insurance regulation is very strict
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Business