A company headquartered in another country is known as a foreign business.

a. true
b. false

Ans: b. false

Business

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Which of the following is not a generally practiced method of presenting the income statement?

a. Including prior period adjustments in determining net income b. The single-step income statement c. The consolidated statement of income d. Including gains and losses from discontinued operations of a component of a business in determining net income

Business

Consistency and ________ are the two principles of Kantian ethics that state that a person must abide by the rule he or she uses to judge the morality of someone else's conduct

A) reversibility B) relativity C) perspectivism D) utilitarianism

Business