Which statement is true concerning gains and losses?

a. Gains and losses are reported on the balance sheet in the Assets and Liabilities sections, respectively.
b. Gains and losses are special types of revenues and expenses that are reported on the income statement.
c. The amounts of gains and losses are included in the calculation of the current ratio, in the numerator and denominator, respectively.
d. Gains and losses are reported only on a multi-step income statement.


b

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________ provisions are part of many environmental statutes that allow third parties to file a lawsuit.

Fill in the blank(s) with the appropriate word(s).

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Answer the following statements true (T) or false (F)

1. Opportunities should be identified in the alternative evaluation stage of the decision-making process.  2. Analyzing the underlying causes of a problem or an opportunity is called diagnosis. 3. Women investors make trades much less often than men, do a lot more research, and have better returns on average.  4. When evaluating alternatives in decision making, you must assess cost and quality and also ask the question, "Is it simple?" 

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Most people have about ____ hours each day during which they are most productive.

A. 2 B. 4 C. 8 D. 10

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Which of the following statements is most accurate?

A) ?Today's speakers rely exclusively on the use of multimedia slides in their presentations because they know that multimedia slides have no disadvantages. B) Low-tech visual aids are not appropriate for the business world. C) ?Effective speakers analyze their audience and the speaking occasion to help them determine what type of visual aid to use. D) ?Multimedia presentations are no longer used in the business world.

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