Would a company be more likely to report a contingent liability under U.S. GAAP or IFRS?
A. Equally likely.
B. U.S. GAAP.
C. Contingent liabilities are not reported under IFRS.
D. IFRS.
Answer: D
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Due to human activities, more carbon dioxide is being released into the atmosphere than is being removed. What happens to this extra carbon dioxide? Select all that apply.A) Some of the carbon dioxide stays in the atmosphere which causes surface temperature to rise.B) Approximately half of the extraneous carbon dioxide is being expelled into deep space. C) Much of the extraneous carbon dioxide is dissolved into the oceans where it is causing acidification. D) Trees and other plants have increased their rates of photosynthesis and are effectively removing most of the extraneous carbon dioxide.
What will be an ideal response?
Survey questionnaires may be administered in four major modes: 1. telephone interview, 2. personal interviews, 3 . mall interviews, and 4. electronic interviews (Figure 7.4 in text)
Indicate whether the statement is true or false
A local technology firm is developing a new travel app that identifies antique shops and art galleries in the cities that you plan to visit. How can this tech firm reduce the risks involved in developing this new travel app?
What will be an ideal response?
An express agency requires:
A) An oral or written agreement between the principal and agent. B) No agreement if the conduct indicates an implied agreement. C) A written agreement between the principal and agent. D) An ongoing arrangement for a reasonable period of time.