Magnetic media include
a. computer faxed documents.
b. aperture cards
c. microfilm.
d. magnetic disks and tapes.
d
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Depreciation of factory buildings and equipment is an example of
a. direct labor. b. direct materials. c. factory overhead. d. operating expenses.
Which of the following statements is true of an insurable interest in goods?
A. Sellers have an insurable interest in goods at the moment the goods are identified to the contract. B. Sellers have an insurable interest in their goods as long as they have title to the goods or a security interest in them. C. Buyers have an insurable interest in goods at the moment they pay for the goods. D. Buyers have an insurable interest in goods at the moment they get the title to the goods.
Cash receipts from the cash register tapes totaled $897 . The cash count indicated that $927 is in the cash drawer. There is a change fund of $100 . The entry to record the difference would be
a. debit Cash for $30 and credit Cash Short and Over for $30; b. debit Cash Short and Over for $30 and credit Cash for $30; c. debit Cash for $70 and credit Cash Short and Over for $70; d. debit Cash Short and Over for $70 and credit Cash for $70; e. none of these
The nationality principle is a jurisdictional principle of international law that holds that every country has jurisdiction over its citizens no matter where they are located.
Answer the following statement true (T) or false (F)