According to the UCC, title can pass in any manner the parties agree to
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true
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When disclosing the impact of a retrospective adjustment for the change from LIFO to FIFO in 2017, which of the following impacts is not expected to be reported in the comparative financial statements when two-year comparative statements are presented?
A) impact on beginning inventory for 2016 B) impact on 2016 net income C) impact on ending inventory for 2017 D) impact on cost of goods sold for 2016
Intangible assets do not include:
A. Copyrights. B. Patents. C. Trademarks. D. Goodwill. E. Land held as an investment.
It is not necessary to post the closing entries to the general ledger
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Which of the following is NOT included in Best Practices of CSR for high-tech companies:
A. Embed CSR in senior management and in organizational rewards B. Measure the impactof CSR C. Incorporate creative opportunities for giving that fall outside of the core competencies of the business D. Link CSR to business strategy and innovation strategy E. Balance competing shareholder interests.