Recognition of impairment for long-term assets is required if book value exceeds:
A. Accumulated depreciation.
B. Original cost.
C. Fair value.
D. Future cash flows.
Answer: D
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Which of the following is not an example of a qualitative factor?
a. quality of the product b. speed of delivery c. costs of shipping d. reliability of supplier e. appeal to consumers
If a store has areas for men's apparel, women's apparel, housewares, cosmetics, and jewelry and competes mostly on the basis of service, it is most likely a(n)
A. niche retailer. B. department store. C. specialty retailer. D. superstore. E. category killer.
A question of ethics
Dow AgroSciences, LLC (DAS), makes and sells agricultural seed products. In 2000, Timothy Glenn, a DAS sales manager, signed a covenant not to compete. He agreed that for two years from the date of his termination, he would not "engage in or contribute my knowledge to any work or activity involving an area of technology or business that is then competitive with a technology or business with respect to which I had access to Confidential Information during the five years immediately prior to such termination." Working with DAS business, operations, and research and development personnel, and being a member of high-level teams, Glenn had access to confidential DAS information, including agreements with DAS's business partners, marketing plans, litigation details, product secrets, new product development, future plans, and pricing strategies. In 2006, Glenn resigned to work for Pioneer Hi-Bred International, Inc, a DAS competitor. DAS filed a suit in an Indiana state court against Glenn, asking that he be enjoined from accepting any "position that would call on him to use confidential DAS information."
A(n) ____ does not attach itself to other programs but rather acts as a free agent, replicating itself numerous times in an effort to overwhelm systems.
A. eel B. worm C. bug D. snake