What are the five conditions necessary for an act to be considered fraudulent?

Indicate whether the statement is true or false


false representation, material fact, intent, justifiable reliance, and injury or loss

Business

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Dollar-value LIFO uses

A. current cost only B. cost indexes only C. current cost and cost indexes D. numerous detailed records from either a physical count or perpetual records

Business

Which of the following statements about schedule rating is false?

A) Analyzes each property individually B) Is used primarily in rating commercial buildings C) Starts with a rate for a standard building in the same city as the building being rated D) Uses the same rate for all buildings that have a particular construction type

Business

The federal courts in the United States have jurisdictional authority over all cases, parties, and disputes in which a U.S. firm is involved

Indicate whether the statement is true or false

Business

Interpreted programs typically run faster than compiled programs.

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

Business