The main difference between installations and accessory equipment is that accessories are capital items, while installations are expense items.

Answer the following statement true (T) or false (F)


False

Accessories, like tools and equipment used in production or office activities, are short-lived capital items. Installations such as buildings, land rights, and major equipment are long-lived capital items.

Business

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Which of the following is an economic attribute shared by countries with a high perceived level of corruption?

A) high levels of poverty B) high economic growth rate C) free trade policies D) low import tariffs

Business

When two independent companies cooperate to have both brands highlighted in a product it is known as corporate parent branding

Indicate whether the statement is true or false

Business

Will wants to sell a car to Timothy. Will tries to convince Timothy that it is a good buy. Will lies by telling him that the car has 10 months of free service left in order to convince him to buy it. The car actually has only 2 months of service left. Which of the following is true in this scenario?

A. Will cannot be tried by the court because the defendant's motivation is not known. B. It is a case of mutual misunderstanding. C. Will is guilty of fraud. D. Will is not guilty of fraud because he did not have commercial interests behind the lie.

Business

Kiting fraudulently places the company's marketable securities in the name of the officers

a. True b. False Indicate whether the statement is true or false

Business