A buyer in the ordinary course of business takes collateral free of a perfected security interest created by the buyer's seller

A limitation of the balance sheet that is not also a limitation of the income statement is

a. the use of judgments and estimates b. omitted items c. the numbers are affected by the accounting methods employed d. valuation of items at historical cost

Preference data order the brands or stimuli in terms of respondents' preference for some property

Indicate whether the statement is true or false