Norm and Frank have a legal contract that is silent with regard to an assignment of the contract. In order for Norm to assign all or part of his rights under a contract, Frank must grant such permission to Norm.
Answer the following statement true (T) or false (F)
False
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To perform the test of significance of differences between two percentages, each representing a separate group (sample), the first step requires:
A) that the arithmetic difference between the two percentages be translated into a number of standard errors away from the hypothesized value of zero B) a comparison of the two percentages C) a computation of z by dividing the difference between the two sample percentages by the standard error of the difference between percents D) determining whether the null hypothesis is supported or not supported at your chosen level of confidence E) reviewing the normal curve
On January 1, 2018, Statewide Sales issued $29,000 in bonds for $20,700. These are six-year bonds with a stated rate of 12% and pay semiannual interest. Statewide Sales uses the straight-line method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows:
After the second interest payment on December 31, 2018, what is the balance of Discount on Bonds Payable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) debit of $7608
B) debit of $8992
C) debit of $6917
D) credit of $8300
Which of the following is NOT an example of a storage device in an accounting information system?
A) computer B) financial statements C) filing cabinet D) server
Having appraisals reviewed by a supervisor's supervisor creates unnecessary redundancy and may actually result in greater legal liability.
Answer the following statement true (T) or false (F)