Which of the following elements of financial statements is not a component of comprehensive income?
a. Revenues
b. Expenses
c. Losses
d. Distributions to owners
D
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A boundaryless career is also known as a:
a. protean career b. traditional career c. self-leadership d. directed career
Bill orders a custom-made suit from Rooks to be delivered by Friday at 5 p.m. When the suit is delivered to his office on Friday afternoon, he is in conference with a client. He accepts delivery and hangs the suit in his closet. When Bill tries on the suit Saturday evening, he discovers that the pants are cuffed. He had ordered cuffless trousers. What can he do?
a. He cannot revoke acceptance since the cuffs are not difficult to discover. b. He can revoke acceptance if the cuffs substantially impair the value of the goods to him and Rooks will not remove the cuffs. c. He can reject the goods since he had not yet accepted them prior to inspection. d. He cannot reject the goods because the cuffs are curable.
On which of the following tenets is the crossing-the-chasm framework, suggested by Geoffrey Moore, based?
A. Each stage of the industry life cycle is dominated by a different customer group. B. Industries tend to follow an unpredictable industry life cycle. C. The supply and demand sides of the market remain constant irrespective of the phase of the industry life cycle. D. The number and size of competitors remain constant throughout the industry life cycle.
Probate costs are associated with the validation of your will and the transfer of your estate
Indicate whether the statement is true or false