Only U.S. corporations can list their stocks on the NYSE
Indicate whether the statement is true or false.
Answer: FALSE
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The client-server model can only be applied to ring and star topologies
Indicate whether the statement is true or false
A system is composed of three components A, B, and C. All three must function for the system to function. There are currently no backups in place. The system has a reliability of 0.966
If a backup is installed for component A, the new system reliability will be: A) unchanged. B) less than 0.966. C) greater than it would be if a backup were also installed for component B. D) greater than 0.966 E) none of the above
Bertrand Inc. performed services for clients in the amount of $1,350 on credit. If this transaction had been posted in error to the Cash account instead of the Accounts Receivable account, what correcting entry would be necessary?
A. Debit Accounts Receivable $1,350; credit Cash $1,350 B. Debit Accounts Receivable $1,350; credit Fees Income $1,350 C. Debit Fees Income $1,350; credit Cash $1,350 D. Debit Cash $1,350; credit Accounts Receivable $1,350
Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $368,000; the partnership assumes responsibility for a $134,000 note secured by a mortgage on the property. Monroe invests $109,000 in cash and equipment that has a market value of $84,000. For the partnership, the amounts recorded for Fontaine's Capital account and for Monroe's Capital account are:
A. Fontaine, Capital $234,000; Monroe, Capital $84,000. B. Fontaine, Capital $368,000; Monroe, Capital $193,000. C. Fontaine, Capital $368,000; Monroe, Capital $109,000. D. Fontaine, Capital $234,000; Monroe, Capital $193,000. E. Fontaine, Capital $234,000; Monroe, Capital $109,000.