Each entry in the ledger can never affect more than two accounts
Indicate whether the statement is true or false
F
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In 2018 under the rules for minority passive investments in equity securities, which of the following statements is not correct?
A. Cash flows from the purchase and sale of equity securities will be classified based on the nature and purpose of the investment. B. There will no longer be a distinction between trading securities and available-for-sale securities for minority passive equity investments. C. An exception will be for investments where fair value is not readily determinable. D. The income statement and balance sheet treatment will be the same as the current accounting for available-for-sale securities.
A(n) _____ is software that is programmed to cause damage at a specified time to specific applications and data files.
Fill in the blank(s) with the appropriate word(s).
Most foreign financial institutions are allowed to engage in nonbanking (nonfinancial) business activities, whereas the nonbanking activities of U.S. intermediaries have been severely restricted until recently.
Answer the following statement true (T) or false (F)
How has the organizational perspective to conflict changed over time?
What will be an ideal response?