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NEW QUESTION: 1
Chester Corp. was a development stage enterprise from its inception on September 1, 1987 to December
3 1, 1988. The following information was taken from Chester's accounting records for the above period:
For the period September 1, 1987 to December 31, 1988, what amount should Chester report as net
loss?
A. $450,000
B. $350,000
C. $ 50,000
D. $150,000
Answer: A
Explanation:
Choice "d" is correct. $450,000 net loss for the period Sept. 1, 1987 to DeC. 31, 1988.
Rule: "Development stage enterprises" present their FS in accordance with GAAP and make additional
disclosures such as: cumulative net losses, cumulative deficit, cumulative sales and expenses.
NEW QUESTION: 2
You want to perform Internal Material Transfer across Business Units and want to capture internal margin as part of revenue for the selling Business Unit.
Which mandatory task would you perform for this requirement?
A. Manage Supply Chain Financial Orchestration Transfer Pricing Rules
B. Configure Oracle Fusion Global Order Promising
C. Manage Supply ExecutionDocumentation Creation Rules
D. Manage Supply Order Defaulting and Enrichment Rules
E. Manage Consumption Rules
Answer: B
NEW QUESTION: 3
Her character was completely _______; she was totally devoid of _______.
A. prosaic .. dullness
B. saintly .. virtue
C. prudent .. affection
D. impassive .. emotion
E. passive .. inertia
Answer: D
Explanation:
Explanation/Reference:
Explanation:
To be impassive (without feelings) is to be totally devoid of (lacking in) emotion.