Which of the following statements is true concerning the use of a word processor's spell check feature?
a. You can rely on the spell checker to locate any misspelled word.
b. Spell check can locate errors such as homophones and omitted words.
c. Another term for spell check is thesaurus.
d. When the software cannot guess the spelling based on your attempt, you must use a paper or online dictionary to look up the correct spelling of any incorrect word.
D
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If the depreciation method is known, which of the following sets of factors is needed to calculate depreciation on plant and equipment?
A) The asset's historical cost, replacement cost, and its estimated salvage value B) The estimated salvage value of the asset, its replacement cost, and its market value C) The asset's replacement cost, its estimated life, and its estimated salvage value D) The useful life of the asset, its historical cost, and its estimated salvage value
The U.S. corporation Burger Heaven makes a deal with an Icelandic firm that allows the Icelandic firm to use Burger Heaven's trade name in Iceland in return for a fee. This is A) a franchise
B) piracy. C) a joint venture. D) direct exporting.
On November 1, Arvelo Corporation had $32,000 of raw materials on hand. During the month, the company purchased an additional $78,000 of raw materials. During November, $95,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $3,000.Prepare journal entries to record these events. Use those journal entries to answer the following questions: The credits to the Manufacturing Overhead account as a consequence of the raw materials transactions in November total:
A. $95,000 B. $92,000 C. $3,000 D. $0
Under the Securities Litigation Reform Act of 1995, companies have a safe harbor for forward-looking statements about the company made by executives
a. True b. False Indicate whether the statement is true or false