Question
QUESTION 23 Mutually unexecuted contracts arise when two entities agree to transfer resources but neither entity has yet made a transfer. True False 2 points
QUESTION 23
Mutually unexecuted contracts arise when two entities agree to transfer resources but neither entity has yet made a transfer.
True
False
2 points
QUESTION 24
Which of the following is NOT a specific event or condition that affects Earnings Persistence?
A. | Gains and Losses from Peripheral Activities | |
B. | Restructuring Charges | |
C. | Impairment Losses | |
D. | Warranty claims | |
E. | All of the above |
4 points
QUESTION 25
Suppose that a firm decides to sell part of the land their factory is on. What is this activity considered?
A. | Restructuring | |
B. | Discontinuance | |
C. | A peripheral activity | |
D. | A change in accounting principle |
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