What is the primary legal concern stated in the video for foreign companies who want to license or franchise in the technology sector of the Chinese? market?
Answer: Intellectual property rights
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Which of the following items appear on the corporate income statement before income from continuing operations?
a. cumulative effect of a change in accounting principle b. income tax expense c. extraordinary gain d. loss on discontinued operations
Which of these is not an acceptable inventory costing method under IFRS?
a. FIFO b. Specific Identification c. Average cost d. LIFO
Article 2 of the UCC applies to which of the following contracts?
A. a contract for the sale of appliances B. a contract for the sale of stocks C. a contract for the sale of information D. a contract for the sale of real estate
Han believes that all his employees do a good job. When he gives performance appraisals, he rates everyone as “average” because he thinks that doing a good job is an average rating. In reality, several of Han’s employees are excellent and several are below average. It appears Han is making a ______ error in his performance appraisals.
A. recency B. contrast C. attributional D. distributional