A loss on disposal of a segment would be reported in the income statement as a(n)
a. administrative expense
b. other expense
c. deduction from income from continuing operations
d. selling expense
c
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A crystal of green dye is added to a beaker of water. Explain what will happen to the crystal of green dye. Define diffusion and state the ultimate outcome of diffusion.
What will be an ideal response?
When a company has established a successful domestic marketing mix
A. they are simply waiting for the competitive forces to kick in. B. frequently the hurdles to going international are daunting. C. the temptation is to duplicate this mix when going abroad. D. the temptation to export excess domestic inventory is tempting.
According to the concept of expense recognition under accrual-basis accounting, if costs associated with producing revenue in the current year are not paid in cash until the following year, the costs should be expensed in the current year.
Answer the following statement true (T) or false (F)
Kathy's property is landlocked. The only possible route to her property crosses George's farm. Which of the following property interests provides Kathy the right to use George's property?
A) conditional estate B) easement by necessity C) easement by prescription D) leasehold interest