An accounting measurement is concerned with all except which of the following?
A) Money measure
B) Financial position
C) Separate entity
D) Business transaction
B
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When considering the time value of money, use compounding to find the __________ value of money now held
a. present b. historical c. future d. discounted
Benezra S.A., a large Brazilian petrochemical company, reported a balance of R$1,600 million in Accounts Receivable at the beginning of 2013 and R$1,500 million at the end of 2013 . Its income statement reported total Sales Revenue of R$12,000 million for 2013 . Assuming that Benezra makes all sales on account, compute the amount of cash collected from customers during 2013 . Benezra applies
Brazilian accounting standards, and reports its results in thousands of reals (R$), the Brazilian currency. (In answering this question, assume that Benezra uses either U.S. GAAP or IFRS; for purposes of this problem, this choice will not matter.) a. 12,000 b. 11,900 c. 12,100 d. 13,600 e. 13,500
What is referred to now as a commonly used form of scale for measurement?
a. Rensis Scale b. Likert Scale c. Survey Scale d. Research Scale
In Gaskin v. Stumm Handel GmbH, the District Court ruled: A) that employment contracts must be in writing
B) that the plaintiff was excused from performing a contract written in German because he understood only English. C) that the contract was unconscionable because it was written in a language foreign to the plaintiff. D) that the plaintiff's signing of a jural document makes the signatory conclusively bound.