Two special items, discontinued operations and extraordinary items, must be disclosed separately on the income statement

Indicate whether the statement is true or false

T

Business

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A property is sold to which mineral rights have been attached. Do the mineral rights requires a separate sale contract?

a. No, because all real property in California must have mineral rights b. No, because mineral rights are appurtenant to the land c. Yes, because they are a separate interest d. Yes, because they are not land itself

Business

Which of the following is not true about on-demand service firms?

A) The growth of on-demand service firms is supported by the use of online reputation systems based on peer review. B) It is not likely that on-demand service firms will totally escape government regulation. C) On-demand service firms facilitate access to resources. D) On-demand service firms are a totally new phenomenon without precedent in the history of e-commerce.

Business