Password files can be protected in one of two ways: one-way function or __________ .
What will be an ideal response?
Access control
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The convertibility feature of a bond can be exercised by the issuing corporation
Indicate whether the statement is true or false
On January 1, 2018, Payton Co. sold equipment to its subsidiary, Starker Corp., for $115,000. The equipment had cost $125,000, and the balance in accumulated depreciation was $45,000. The equipment had an estimated remaining useful life of eight years and $0 salvage value. Both companies use straight-line depreciation. On their separate 2018 income statements, Payton and Starker reported depreciation expense of $84,000 and $60,000, respectively. The amount of depreciation expense on the consolidated income statement for 2018 would have been:
A. $139,625. B. $148,375. C. $109,000. D. $144,000. E. $134,000.
A trust is presumed to be irrevocable unless the grantor reserves the power of revocation
a. True b. False Indicate whether the statement is true or false
Arnold Wood's company buys machine tools from large producers and sells them to several Midwestern manufacturing companies. The company Arnold works for carries inventories of the tools, which reduces capital requirements for the producers. Arnold's company is an example of a(n) ____ in a distribution channel.
A. direct distributor B. manufacturers' agent C. industrial distributor D. producers' agent E. wholesalers' agent