Which of the following transactions is not reported as other comprehensive income according to U.S. GAAP?
A) unrealized gains and losses from available-for-sale portfolio of investment securities
B) unrealized gains on the upward valuation of property, plant, and equipment
C) adjustments to unrecognized pension costs (benefits)
D) foreign currency translation gains and losses
Answer: B
Business
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Which of the following is true of goods?
a. They can be produced in a centralized location and be consumed in decentralized locations. b. They tend to be less tangible than services. c. They need to be produced, sold, and consumed at the same time as they are highly perishable. d. They tend to be less standardized and uniform than services.
Business
Proportions are estimated when the choice is dichotomous
Indicate whether the statement is true or false
Business