Examlex

Solved

Whose Mortuary Temple Was Moved from Abu Simbel to Save

question 8

Multiple Choice

Whose mortuary temple was moved from Abu Simbel to save it from the Aswan High Dam Reservoir?

Apply U.S. GAAP criteria to determine the reportability of operating segments.
Analyze financial information to determine reportable segments under U.S. GAAP.
Recognize the requirements for major customer disclosure under U.S. GAAP.
Understand how revenue recognition and inventory procedures affect interim financial reporting.

Definitions:

Oral

Relating to the spoken word or communication by mouth, as opposed to written or non-verbal means.

Writing Requirement

A legal principle stating that certain kinds of contracts or agreements must be in writing to be enforceable.

Promissory Estoppel

A legal principle that prevents a party from retracting a promise which the other party has reasonably relied upon to their detriment.

Oral Contracts

Agreements between parties that are made verbally and not recorded in written form, yet are still legally binding under certain conditions.

Related Questions