How Many People Must Have Heard or Read a Statement

question 67

Multiple Choice

How many people must have heard or read a statement for there to be publication for purposes of defamation?

• A)One
• B)At least two
• C)There must be widespread community knowledge
• D)It must be heard simultaneously by at least two people

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Definitions:

Accrued Revenues

Revenues for services performed but not yet received in cash or recorded.

Received

Typically refers to the acknowledgement of having gotten something, such as goods or payments, within a business context.

Recognized

In accounting, recognized refers to the formal acknowledgment in financial statements that a transaction or event has impacted the entity's financial position or performance.

Book Value

The net value of a company's assets as found on its balance sheet, and is calculated by subtracting liabilities from the value of assets.