Extraordinary gains and losses arise from events that have all the following characteristics except:
a. They are unusual given the nature of the firm's activity.
b. They are nonrecurring.
c. They are material in amount.
d. They result from terminated involvement in a line of business.
D
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Transitions A) should be avoided in business writing because they add unnecessary length to a message
B) support a paragraph's main idea. C) connect ideas. D) determine the organizational strategy used by the writer.
Tort liability is civil liability that is voluntarily assumed
a. True b. False Indicate whether the statement is true or false
RanMark Corp. brings buyers and sellers together and charges a commission for each sale. RanMark Corp. is a(n) ________ business model.
A. subscription B. intermediary C. transaction fee D. affiliate E. advertising support
Harvesting means to sell, take public, or merge a company to yield proceeds for the owner(s).
Answer the following statement true (T) or false (F)