Which one of the following statements is not a disclosure requirement for depreciation?
A) the balance of major classes of depreciable assets
B) a general description of the method(s) used for depreciation
C) the accumulated depreciation for each major class of depreciable asset
D) the useful lives for each major class of depreciable asset
D
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As a result of the digital revolution, a variety of companies in all parts of the world are developing a new generation of products, services, and technologies; which include all of the following except:
A) broadband network. B) mobile commerce. C) wireless connectivity. D) smart cell phones. E) landline connectivity.
A(n) _____ is a lapse of logical reasoning that can lead to a flawed argument
A) overstatement B) fallacy C) diversion D) example E) pathos
Swan Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of $14 per hour. During March, employees worked 13,100 hours. The direct labor rate variance was $9,170 favorable, and the direct labor efficiency variance was $15,400 unfavorable. How many units were produced?
A. 1,100 units B. 655 units C. 800 units D. 873 units
Which of the following is true of a minor under the infancy doctrine?
A) A minor is bound to an adult's decisions in a contract between them. B) A minor can disaffirm contracts he or she has entered into with adults. C) A minor cannot enter into a legal contract with another minor. D) A minor cannot choose to enforce a contract at his or her whim.