There are legal questions involved when choosing an appropriate business organizational form
a. True
b. False
Indicate whether the statement is true or false
True
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Both U.S. GAAP and IFRS require the disclosure of information about the rights of each type of capital stock outstanding
Indicate whether the statement is true or false
Which of the following represents the principal theoretical issue underlying quarterly data?
a. Whether an interim period should be viewed as a separate period standing on its own. b. Whether an interim period report should include balance sheet and cash flow statements. c. Whether quarterly earnings should be disaggregated by segments in terms of revenues, profit or loss, and segment assets. d. Whether interim reports should include income statement data and basic and fully diluted earnings per share numbers.
Which of the following statements is a feature of copyrights?
A) A copyrighted work owned by the creator, if reproduced with the appropriate notice affixed, is protected throughout the life of the creator and for an additional 70 years. B) A copyrighted work owned by a publisher, when reproduced with the appropriate notice affixed, is protected for the lifetime of the publisher and for an additional 100 years. C) To register a work as a copyrighted work, two copies of the work must be provided to the New York Public Library. D) A copyrighted work that is reproduced without a notice of copyright is protected by copyright laws.
A promissory note is an instrument that involves three parties in three capacities
a. True b. False Indicate whether the statement is true or false