If a statute imposes criminal liability based on strict liability, then "mens rea" is not required
Indicate whether the statement is true or false
TRUE
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The unemployment rate when the economy is producing output equal to its potential is known as
A. the rate of disguised unemployment. B. the potential rate of unemployment. C. the natural rate of unemployment. D. equilibrium rate of unemployment.
Instant messaging refers to a form of Internet communication where users can transmit text messages or chat in real-time via the Internet to one or more people.
Answer the following statement true (T) or false (F)
Differences exist between IFRS and GAAP in the reporting of EPS. Which of the following areas is not an area of difference?
A) adjustment in options calculations for unrecognized compensation cost B) treatment of unvested contingently issued shares C) treatment of dividends in arrears for convertible preferred stock D) treatment of contracts that may be settled in shares or for cash
U.S. GAAP stipulates that firms should ____________________ expenditures that increase the service potential of an asset beyond that originally anticipated
Fill in the blank(s) with correct word