According to the international Licensing Industry Merchandisers Association (LIMA), the United States and Canada account for about 90 percent of licensed goods sales

Indicate whether the statement is true or false


FALSE

Business

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Which of the following is an affirmative easement?

A. The right to drill for oil and gas on the land of another person B. The ability to obtain oral permission to hunt on another person's land C. The tenant's right to use the property during his lifetime D. The right to have one's neighbor refrain from erecting a building on his property

Business

You did not understand what the term accrual meant and failed to accrue the interest due at the end of the year on the company's bonds. Which of the IMA standards appears to have been violated?

A) integrity B) confidentiality C) competence D) objectivity

Business

Aziz is the owner of a record store and must decide on next week's work schedule for his employees. This is an example of a ________ decision.

A. programmed B. nonprogrammed C. risky D. reprogrammed E. complex

Business

U.S. GAAP and IFRS require firms to account for business combinations using the _____ method

a. purchase b. pooling-of-interests c. uniting-of-interests d. equity e. cost

Business