There is a standard threshold for materiality set by the Financial Accounting Standards Board for all companies
a. True
b. False
Indicate whether the statement is true or false
False
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In which kind of exchange rate system are the values of a set of currencies set against each other at some mutually agreed on exchange rate?
A. Clean float B. Floating C. Fixed D. Dirty-float E. Pegged
In which of the following circumstances can a landlord evict a commercial tenant for failure to pay rent?
A) Where the rent is due and remains unpaid for 30 days or more B) Where the rent is due and remains unpaid for 60 days or more C) Where within a sixmonth period, the tenant has failed to pay the time on at least three 3 . occasions D) Where the rent is due and remains unpaid for 15 days or more E) Where there has been a persistent failure by the tenant to pay the rent on time