Where ________ appears in text, it comes in two flavors: explicit, where the subjective sentence directly expresses an opinion, and implicit, where the text implies an opinion
Fill in the blanks with correct word
sentiment
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Rapp Corporation purchases 75 percent of the stock of Sikora Corporation for $363,000 . Sikora has contributed capital of $200,000 and retained earnings of $284,000 . The consolidated financial statements will contain
a. minority interest and negative goodwill. b. neither minority interest nor goodwill. c. goodwill but not minority interest. d. minority interest but not goodwill.
The cost-benefit constraint prescribes that only information with benefits of disclosure less than the costs of providing it, need be disclosed.
Answer the following statement true (T) or false (F)
The standard price and quantity of direct materials are separated because:
A) GAAP reporting requires this separation B) direct materials prices are controlled by the purchasing department, and quantity used is controlled by the production department C) standard quantities are more difficult to estimate than standard prices D) standard prices change more frequently than standard quantities
The six factors of competitive advantage are quality, price, location, selection, service, and speed/turnaround.
Answer the following statement true (T) or false (F)