The UCC requires assurances to be in writing and signed by the company President.?
Indicate whether the statement is true or false
False
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The Walsh-Healy Public Contracts Act of 1936
A. requires that a lower "training wage" be paid to workers under the age of 20 for a period of up to 90 days. B. requires general contractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the prevailing local wage rates. C. covers all government contractors receiving $10,000 or more in federal funds. D. covers construction contractors that receive more than $2,000 in federal money. E. mandates that employers pay higher wages for overtime, defined as hours worked beyond 40 hours per week.
Communication between an auditor and an audit client is deemed to be privileged communication in most states
a. True b. False Indicate whether the statement is true or false
Supportive leadership in path-goal theory is very similar to which concept from the Behavioral Approach?
A. structure B. consideration C. motivation D. production
Bering Rock acquires a granite quarry at a cost of $590,000, which is estimated to contain 200,000 tons of granite and is expected to take 6 years to remove. What journal entry would be needed to record the expense for the first year assuming 38,000 tons were removed and sold?
A. Debit Amortization Expense $112,100; credit Natural Resources $112,100. B. Debit Depreciation Expense $98,333; credit Accumulated Depreciation $98,333. C. Debit Depreciation Expense $93,158; credit Accumulated Depreciation $93,158. D. Debit Depletion Expense $112,100; credit Accumulated Depletion $112,100. E. Debit Depletion Expense $93,158; credit Accumulated Depletion $93,158.