LAPD stands for Link Access Protocol-D Channel
Indicate whether the statement is true or false
TRUE
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A change in accounting principle from one that is not generally accepted to one that is generally accepted should be treated as
A) an error and corrected by prior period adjustment. B) a change in accounting principle and the cumulative effect included in net income. C) a change in accounting principle and prior period financial statements are restated. D) a change in accounting principle and adjustments made prospectively.
In a common size balance sheet the 100 percent figure is
A) total property, plant and equipment. B) total current assets. C) total liabilities. D) total assets.
The understatement of ending inventories in one period leads to a(n) ____________________ of cost of goods sold in the same period
Fill in the blank(s) with correct word
India, like some other countries, may require entering firms to create ________ when expanding into their markets, limiting outsiders' control of businesses.
A. joint ventures B. direct investments C. strategic alliances D. export promotions E. franchises