Which of the following is not considered part of comprehensive income?
A) translation adjustments from financial statement conversions
B) gains and losses on derivative financial instruments
C) gains and losses associated with the sale of a business component
D) gain and losses associated with adjustments to pension plan assets and liabilities
C
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What is an activity base, and how does the activity base relate to a variable cost?
What will be an ideal response?
Use the information in Scenario C.3. What is the order quantity with the highest expected payoff?
A) 20 units B) 30 units C) 40 units D) 50 units
Eating places spend a higher percentage of their sales on advertising than do department stores.
Answer the following statement true (T) or false (F)
Initial estimates of the probabilities of events are known as:
a. joint probabilities b. posterior probabilities c. prior probabilities d. conditional probabilities