The original Statute of Frauds is the English law that began the practice of requiring written evidence of certain kinds of contracts, but now the British government has repealed the writing requirement for most contracts.
Answer the following statement true (T) or false (F)
True
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Differences between IFRS and U.S. GAAP in accounting for pensions include all of the following except:
A. Under U. S. GAAP the asset (liability) on the balance sheet differs from the plan's actual funded status, while under IFRS the asset (liability) on the balance sheet equals the plan's actual funded status. B. Under IFRS past service costs are recognized immediately as part of pension expense. C. Pension expense computed using U.S. GAAP is likely to be higher because it allows firms to use an expected rate of return that exceeds the discount rate. D. Under IFRS actuarial gains and losses are recognized in OCI without subsequent amortization to pension expense.
Which of the following statements regarding resource utilization is not true?
A) Resource utilization decisions are usually short-term in nature. B) Resource utilization decisions require the identification of a constraint. C) Resource utilization decisions relates to an analysis of which fixed costs are unavoidable. D) Resource utilization decisions require managers to compute a product's contribution margin.
Which of the following is not an example of a Bernoulli random variable?
a. P = whether or not a person plays tennis b. G = the gender of a person having surgery for coronary artery disease c. T = whether or not a toy functions properly d. W = the number of people who register for a workshop
Visible Analyst (VA) is not an example of a CASE tool that enables systems analysts to dographical planning, analysis, and design in order to build complex client/server applications anddatabases
Indicate whether the statement is true or false