A patent is available for an idea as well as a tangible application

a. True
b. False
Indicate whether the statement is true or false


False

Business

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If a company purchases equipment paying cash, the journal entry to record this transaction will include a debit to Cash.

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

Business

One of several ratios that reflects solvency includes the:

A. Acid-test ratio. B. Total asset turnover. C. Times interest earned ratio. D. Days' sales in inventory. E. Current ratio.

Business

A mutual fund ________ provides a description of the mutual fund including the fund's objectives and risk, its historical performance, its expenses, manager's history and other information

A) prospectus B) prospector C) debenture D) indenture

Business

__________ is a procedure that allows communicating parties to verify that received messages are authentic.

A. ECB ? B. Message authentication C. Passive attack ? D. Encryption

Business