Recent Changes in _______ Accounting Standards Require Companies to Group

question 2

Multiple Choice

Recent changes in _______ accounting standards require companies to group items within OCI based on __________

• A)U.S.GAAP;whether they will be reclassified subsequently into net income or whether they will be subsequently reclassified into income when specific conditions are met.
• B)IFRS;whether they will be reclassified subsequently into net income or whether they will be subsequently reclassified into income when specific conditions are met.
• C)U.S.GAAP;their expected future categorization on the income statement into income from continuing operations,discontinued operations,extraordinary items.
• D)IFRS;their expected future categorization on the income statement into income from continuing operations,discontinued operations,extraordinary items.

Identify and explain wrongful discharge lawsuits and public policy tort exceptions to employment-at-will.

Recognize and evaluate violations of Title VII regarding employment discrimination and affirmative action.

Understand the legal distinctions and defenses related to religious discrimination in hiring practices.

Differentiate between quid pro quo and hostile environment sexual harassment.

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Definitions:

Rod Vision

Rod vision refers to the aspect of vision that allows living organisms to see in low light conditions, enabled by rod cells in the retina that are more light-sensitive than cone cells.

Brightness Contrast

The difference in light intensity which makes an object distinguishable from others or from its background.

Mach Bands

An optical illusion in which the contrast between edges where two different shades meet appears exaggerated.

Brightness Contrast

The difference in brightness between objects or parts of objects, which influences the perception of their visual appearance.