________ states that network connection speeds for high-end users will increase by 50 percent per year.
A. Moore's Law
B. Metcalfe's Law
C. Kryder's Law
D. Bell's Law
E. Nielsen's Law
Answer: E
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Inherent risk is typically assessed at a low to moderate level for inventory due to the nature of the asset.
Answer the following statement true (T) or false (F)
Indicate by letter whether each item below would appear on the income statement (IS), balance sheet (BS), or statement of retained earnings (E). ________
a. Common Stock ________ b. Dividends ________ c. Wages Expense ________ d. Commissions Earned ________ e. Buildings ________ f. Accounts Payable ________ g. Utilities Expense ________ h. Beginning Retained Earnings ________ i. Accounts Receivable ________ j. Notes Payable
Long-term capacity planning decisions such as the purchase of a new machine or construction of a new facility typically ______.
A. call for significant outlays of capital B. require approval from the supervisor of each shift C. need to be cleared by the government D. can be decided only by the board of directors
Which of the following is true of the board of directors of a corporation?
A) The directors of the board can act individually on the corporation's behalf. B) Each director has the power of two votes. C) Directors cannot vote by proxy. D) Meetings of the board of directors cannot be held without shareholder representation.