IFRS uses the idea of a disposal group, a group of assets and directly associated liabilities that a firm will dispose of as a group in a single transaction. The disposal group notion of IFRS envisions a larger unit than the component notion of U.S. GAAP. In the year that a firm decides to sell or otherwise dispose of a unit that qualifies as a discontinued operation, it aggregates the assets and
liabilities of that unit on the balance sheet into four groups. Which of the following is not one of the groups?
a. current assets
b. noncurrent assets
c. current liabilities
d. noncurrent liabilities
e. contingent liabilities
E
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Which of the following is true of organizations that exhibit a high ethical culture?
A) They encourage employees to act with integrity. B) They receive very low revenues and profits. C) They engage only in activities aimed at high profitability. D) They maintain weak employee relations. E) They have low returns on investments.
A(n)__________is the combination of advertising, personal selling, sales promotion, social media, and public relations that are used to reach the target market and fulfill an organization's overall goals
Fill in the blanks with correct word.