Which of the following describes modification? a) A city clearing forest to build roads.
b) Building a house on stilts to prevent flooding.
c) Moving from a farm to the city

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is:

Lance is a member of the professional organization iceaa. he always attends its annual conferences because it provides a great opportunity for with members of the same profession. in addition to the conference, iceaa organizes for members who are seeking better employment opportunities.

Which of the following best illustrates the importance of addressing the three questions of economics? people’s desires and needs are always changing. businesses need to use limited resources wisely. traditional methods of production are outdated. businesses need to limit production.