An association class is used to represent whole/part relationships

Indicate whether the statement is true or false

FALSE

Business

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Irregular transactions such as discontinued operations and extraordinary items should be reported separately in

a. both a single-step and multiple-step income statement. b. a single-step income statement only. c. a multiple-step income statement only. d. neither a single-step nor a multiple-step income statement.

Business

Which of the following statements about exchanges is not true?

A) Exchanges are independently owned third-party Net marketplaces. B) Some exchanges provide vertical markets. C) Exchanges are the most successful form of B2B commerce. D) Some exchanges enable a spot market. E) Go2Paper is an example of an exchange.

Business