To support future audit needs, test data prepared during systems implementation should be preserved
Indicate whether the statement is true or false
T
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Mary Co exchanged a piece of equipment that had cost $40,000 (now 75% depreciated) for a truck with a current appraised value of $18,000. Mary Co gave the other company the piece of equipment, which had a fair value of $12,000 at the time of the exchange, and $10,000 cash. Mary Co should record
A) a $8,000 loss B) a $4,000 loss C) a $2,000 loss D) a $2,000 gain
Which illustrates media’s capability to retain individuality?
a. Petra watches network news on television every evening. b. Nadine subscribes to a famous makeup artist’s YouTube channel. c. Bert listens to the radio on his tablet. d. Lars reads his local newspaper online.
Which of the following is NOT a stage in the purchase funnel associated with the advertising objectives of gaining interest and differentiating?
A) awareness B) familiarity C) intention D) opinion E) consideration
Which of the following is true of nominal partners?
A. They have an equal say in the management of the business. B. They are held liable as full partners in some cases. C. They are responsible for the day to day upkeep of the business. D. They contribute financially to the partnership.