This topic contains a solution. Click here to go to the answer

Author Question: A relatively long-lived asset that is held for use in the production or sale of other assets or ... (Read 30 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
A relatively long-lived asset that is held for use in the production or sale of other assets or services
 a. Current Asset
  b. Note Receivable (Current)
  c. Accounts Receivable
  d. Property and Equipment

Question 2

When preparing external financial statements that are in accordance with generally accepted accounting principles, the minimum financial report will include
 
  A. Basic financial statements, management's discussion and analysis, and other required supplementary information.
  B. A comprehensive annual financial report.
  C. Basic financial statements only.
  D. Only the financial section of a comprehensive annual financial report.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sabina576

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

D

Answer to Question 2

A




nenivikky

  • Member
  • Posts: 516
Reply 2 on: Jul 6, 2018
Gracias!


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Excellent

 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library