Civil law arises when courts are called upon to resolve disputes for which there is no statute or other source of law to establish rules.
Answer the following statement true (T) or false (F)
False
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Bijan Corporation earned $4,000 of revenue that had been deferred. How would the related adjusting entry be recorded in the company's T-accounts?
A.
| Cash | |
| 4,000 | |
| Revenue | |
| 4,000 | |
B.
| Unearned Revenue | |
| 4,000 | |
| Revenue | |
| 4,000 | |
C.
| Revenue | |
| 4,000 | |
| Unearned Revenue | |
| 4,000 | |
D.
| Cash | |
| 4,000 | |
| Unearned Revenue | |
| 4,000 | |
Cash flow hedges are
a. hedges of a recognized asset or liability (or an identified portion of a recognized asset or liability), only. b. hedges of an unrecognized firm commitment (or an identified portion of that commitment), only. c. hedges on some or all of the cash flows of a recognized asset or liability, only. d. hedges on some or all of the cash flows of forecasted transactions, only. e. hedges on some or all of the cash flows of a recognized asset or liability, and hedges on some or all of the cash flows of forecasted transactions.
The federal agency charged with the responsibility for conducting an integrated, coordinated attack on all forms of pollution of the environment is the ________
A) Environmental Protection Agency (EPA) B) Global Environment Facility (GEF) C) Department of Environmental Management (DEM) D) Center for International Environmental Law (CIEL)
When regulations are imposed on one industry or business, they often create opportunities for other small entrepreneurs.
Answer the following statement true (T) or false (F)