Age, skill, and experience are examples of ________.
A. formal status categories
B. informal status categories
C. reserved status categories
D. external status categories
Answer: B
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In a direct request, where is the request explained in detail?
A) In the opening line of the communication B) In the opening paragraph of the communication C) In the body of the communication D) Repeated several times throughout the entire communication E) At the close of the communication
Publicly held firms that apply U.S. GAAP or IFRS must show earnings per common share data in the
a. body of the income statement. b. footnotes to the financial statements. c. management discussion and analysis. d. body of the balance sheet. e. body of the statement of cash flows.
Which of the following is true?
A) If using the double-declining-balance the total amount of depreciation expense during the life of the asset will be the highest. B) If using the units-of-production method, it is possible to depreciate more than the depreciable cost. C) If using the straight line method, the amount of depreciation expense during the first year is higher than that of the double-declining-balance. D) Regardless of the depreciation method, the amount of total depreciation expense during the life of the asset will be the same.
MagNet is a U.S. company based in Utah. It is negotiating to sell $4 million worth of computer goods to a French company, L'la. L'la is insisting that the contract be governed by the CISG. What are some of the primary differences between the UCC and the CISG?