The UCC Article 2 statute of frauds provision applies to the sale of goods for the price of __________ or more
a. $50
b. $100
c. $500
d. $1,000
c
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The ______________________________ process supports the repetitive work routines of the credit department, the cashier, and the accounts receivable department
Fill in the blank(s) with correct word
Firms must designate each derivative as a hedging instrument, or else accounting views the derivative as a nonhedging instrument. Furthermore, firms must designate each hedging instrument as either a fair value hedge or a cash flow hedge. The accounting for nonhedging derivatives
a. remeasures both the hedged item and the derivative to fair value each period and recognize any unrealized gains and losses in net income. b. remeasures the derivative to fair value each period and include the unrealized gain or loss in other comprehensive income to the extent that the derivative instrument is effective in neutralizing risk. When the firm settles the hedged item, transfer the previously unrealized gain or loss from other comprehensive income to net income. c. remeasures the derivative to fair value each period and include the unrealized gain or loss in net income. d. all of the above e. none of the above
A male model claims that his income is lower than it would be because of the domination of women in the modeling industry. He is capable of modeling women's clothing and sues the modeling agency for sex discrimination for not hiring him. The court is likely to find that he:
a. wins because of disparate treatment b. wins so long as he can show that equally qualified males are not treated as well as females c. wins because of disparate treatment d. loses because white males under age 40 are not members of a protected class e. none of the other choices
Computer-generated random numbers are normally distributed over the interval from 0 to 1
Indicate whether the statement is true or false