Evidence from the 50-year period from 1950 to 1999 indicates that returns and risk (as measured by the standard deviation of returns) are positively related
Indicate whether the statement is true or false.
Answer: TRUE
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The information collected for an internal database is typically complete and in the proper form
Indicate whether the statement is true or false
General principles are the basic assumptions, concepts, and guidelines for preparing financial statements. GAAP aims to make information relevant and representationally faithful.
Answer the following statement true (T) or false (F)
U.S. GAAP specifies criteria for a capital lease. Which of the following is not one of the criteria?
a. The lease transfers ownership of the leased asset to the lessee at the end of the lease term. b. Transfer of ownership at the end of the lease term seems likely because the lessee has a bargain purchase option. c. The lease extends for at least 75% of the asset's expected useful life. d. The present value of the contractual minimum lease payments equals or exceeds 75% of the fair value of the asset at the time the lessee signs the lease using a discount rate appropriate for the creditworthiness of the lessee. e. The present value of the contractual minimum lease payments equals or exceeds 90% of the fair value of the asset at the time the lessee signs the lease using a discount rate appropriate for the creditworthiness of the lessee.
Returnable packaging, use of 3D printing, and flexible packaging are examples of
A. recycled packaging. B. environmental packaging. C. sustainable packaging. D. green packaging. E. responsible packaging.