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6 Interest and dividend income on non - strategic investments a . are expensed using impairment b . are considered operating line items on the
Interest and dividend income on nonstrategic investments
a are expensed using impairment
b are considered operating line items on the income statement
c are considered nonoperating line items on the income statement
d are recorded "after taxes"
One of the challenges of the costtocost method of recognizing revenue
a the difficulty of establishing allowances
b has been existence of historic inflation over the last few years
c is the absence of good records
d is that this process "costtocost is illegal
If the pricevalue of an asset such as a bond includes accrued interest, we are most likely
a a clean price
b a dirty price
c book value
d an asset identified as "available for sale"
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