Which of the following represents a unilateral offer?
A. "I will pay you $50 if you mow my lawn."
B. "I will pay you $50 if you promise to trim that tree."
C. "I will pay you $50 for your CD player."
D. "I will pay you $50 for your backpack."
Answer: A
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The basic accounting equation can be restated in terms of cash by the following equation: Cash = current liabilities + long-term liabilities + capital stock - retained earnings - noncash current assets + long-term assets
a. True b. False Indicate whether the statement is true or false
Audit objectives in the electronic data interchange (EDI) environment include all of the following except
a. all EDI transactions are authorized b. unauthorized trading partners cannot gain access to database records c. a complete audit trail of EDI transactions is maintained d. backup procedures are in place and functioning properly
A company purchased a special purpose machine on September 15 of the past year, and it was installed and ready to run on January 1 of this year. The following costs were incurred in the purchase and installation of the machine. Determine the total cost of the machine.Invoice price plus sales tax$1,270,500Freight costs9,000Setup costs51,000Costs to adjust machine to appropriate specifications36,000Electrical connections 32,000Maintenance supplies for future use108,000Traffic fine incurred during transport of machine300Cost of special foundation for machine 18,500
What will be an ideal response?
Primary key is a field (or group of fields) that uniquely identifies a given record in a table.
Answer the following statement true (T) or false (F)