____________ are the most common form of IP protection that international businesses pursue.
Fill in the blank(s) with the appropriate word(s).
Trade secrets
Trade secrets maintain the privacy of strategic information (Coke's formula, KFC's herbs and spices).
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IFRS, like U.S. GAAP, require the use of the lower of cost or market method to value inventory, however some differences do exist. Which of the following is not one of the differences?
A) IFRS eliminate the need to use a ceiling in determining market value. B) When write-downs occur, IFRS do not specify how the loss must be categorized in the income statement. C) IFRS allow the reversal of a previous write-down. D) IFRS define market only as replacement value.
Which of the following describes the act of comparing financial data from year to year?
A. EBITDA B. Trend analysis C. Ratio analysis D. The accounting equation E. The matching principle
Eviction must be actual in order to be effective
Indicate whether the statement is true or false
A dividend is an after tax payment that must be made by all stock companies to the
stockholders each year. Indicate whether the statement is true or false