Other comprehensive income would not include:
a. unrealized losses from derivative instruments.
b. unrealized holding gains on available-for-sale marketable securities.
c. extraordinary items.
d. foreign currency translation adjustments.
c
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Computer viruses are so named because they act on programs and data in a fashion similar to the way viruses act on living tissue.
Answer the following statement true (T) or false (F)
How is the audit report referred to when the auditor has no reservations about management's financial statements?
a. An unqualified report. b. A qualified report. c. An adverse report. d. An integrated report.
In a period of rising prices, the liquidation of base-layer inventory will result in an unusually high income tax liability under which of the following methods?
a. Specific identification b. Average-cost c. LIFO d. FIFO
Adaptive manufacturing combines ______.
a. lean manufacturing and agile manufacturing b. agile manufacturing and flexible manufacturing c. lean manufacturing and agile manufacturing and flexible manufacturing d. flexible manufacturing with lean manufacturing