The UCC defines "goods" as things that are both ________ and ________ at the time of their identification to a contract.
A. merchantable; valuable
B. visible; affixed
C. real; monetarized
D. tangible; movable
Answer: D
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Both U.S. GAAP and IFRS require the presentation of an income statement and the presentation of the items of Other Comprehensive Income. U.S. GAAP permits the following reporting format(s) except for:
a. a single statement of comprehensive income that shows all the changes in net assets except from transactions with owners. b. a two-statement presentation that includes an income statement and a separate statement of comprehensive income. c. a separate display of the items comprising Other Comprehensive Income within a statement of changes in shareholders' equity. d. a separate display of the items comprising Other Comprehensive Income within a statement of retained earnings. e. All of the above are acceptable reporting formats.
Which of the following is the distress experienced by a traveler from the loss of familiar patterns of social interaction?
A. cultural retooling B. biculturalism C. culture shock D. repatriation
Which of the following laws establishes the standards and procedures federal administrative agencies must follow in their rulemaking and adjudicative functions?
A) Federal Procedure Act B) Administrative Procedure Act C) Congressional Review Act D) Small Business Regulatory Enforcement Fairness Act
A manager would generally like to see a trend indicating a decrease in setup time.
Answer the following statement true (T) or false (F)