Increased productivity due to technology has
A) increased corporations' reliance on debt for capital expansion needs.
B) created larger asset values on the firm's historical balance sheet.
C) made it cheaper (in terms of interest costs and timing of when money is transferred) for firms to borrow money.
D) helped to keep corporate costs in check.
D) helped to keep corporate costs in check.
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Organisms produced as a result of mitosis exhibit a great deal of genetic variation.
Answer the following statement true (T) or false (F)
In which one of the following instances would an auditor most likely issue an adverse opinion?
a. Management declines to present earnings per share in the income statement. b. There is substantial doubt about the entity's ability to continue as a going concern. c. There is a material dollar misstatement that overshadows the overall financial statements. d. The client does not allow the auditor to send confirmations to its three largest customers.
Monthly benefits are payable to a retired insured worker from the age of:
a. twenty-two. b. fifty-three. c. sixty-one. d. sixty-two.
When a written contract does not correctly state the agreement already made but the parties either party make seek a(n):
A) rescission B) injunction C) reformation of the contract D) action for specific performance