If an investor can use accounting information for two different companies to evaluate the types and amounts of expenses, the information is said to have the quality of
A. comparability.
B. consistency.
C. neutrality.
D. materiality.
Answer: A
Business
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The law of sales of goods is codified in Article 3(A) of the Uniform Contracts Code.
Answer the following statement true (T) or false (F)
Business
The enforcement of ethical standards in a just and compassionate manner is likely considered ______.
a. ethical punishment b. “tough love” c. abusive behavior d. an act of omission
Business
An increase in revenue is recorded with a credit
Indicate whether the statement is true or false
Business
The fixed overhead cost variance measures the difference between actual fixed overhead and allocated fixed overhead
Indicate whether the statement is true or false
Business