A Normative Statement Is

question 130

Multiple Choice

A normative statement is

• A)about what should be.
• B)about what is.
• C)always true.
• D)always false.
• E)capable of evaluation, as true or false, by observation and measurement.

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Definitions:

International Subsidiary

An international subsidiary is a company that is wholly or partially owned by another company, called the parent company, and is located in a country different from where the parent company is situated.

Debt Securities

Financial instruments indicating a debt owed by the issuer to the holder, typically in the form of bonds, bills, or notes.

Available-for-sale Securities

Financial assets not classified as held-to-maturity or trading securities, and can be sold in the market.

Significant Influence

The capacity to affect the operating and financial decisions of another entity, typically through ownership of a substantial share of its stock.