If it will make a sale, it is okay to make an idle promise to a customer
Indicate whether the statement is true or false
F
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Which of the following is true? The results of operations of a component of an entity that either has been disposed of or classified as held for sale shall be reported in discontinued operations if: I. The operations and cash flows of the component have been or will be eliminated from the ongoing operations of the entity as a result of the disposal transaction. II. The entity continues to have a
significant continuing involvement in the operations of the component after the disposal transaction. III. The entity outsources the manufacturing operations of a component and sells the manufacturing facility of the component but continues to sell the product formerly manufactured by the facility sold. a. I, II, and III are all true. b. I and II are true, but III is not. c. Only II is true. d. Only I is true.
Market bubbles such as the technology bubble of the 1990s and the housing bubble of 2004-2007 are best explained by
A) the efficient market hypothesis. B) behavioral finance and economics. C) rational expectations theory. D) anomaly theory.
In Douglas Brown's opinion, economic growth requires the lack of corruption to succeed
Indicate whether the statement is true or false
Hanisch Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $22 per unit, management projects sales of 50,000 units. The new product would require an investment of $400,000. The desired return on investment is 14%. The target cost per unit is closest to:
A. $23.80 B. $20.88 C. $25.08 D. $22.00