According to U.S. GAAP, companies recognize transaction gains and losses in the income statement

Indicate whether the statement is true or false

TRUE

Business

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"I Can't Believe That It's Medicine" is an advertising slogan for a new antacid. The manufacturer claims that their antacid works faster and tastes better than any competing brand. These claims are part of the firm's strategy to achieve:

A. deceptive marketing recognition. B. the creation of knockoff products. C. new product development. D. product differentiation.

Business

When a lender loans a borrower 100% of the purchase price of a house, and the loan is not government-related, the lender would be best protected by:

A. a downturn in the economy B. low monthly payments C. appreciation D. a low interest rate

Business