Internet users spend ________ of their time online searching for information

A) 5 percent
B) 10 percent
C) 12 percent
D) 15 percent
E) 20 percent


A

Business

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A company can record the transfer of accounts receivable as a sale if all of the following are true except

A) the transferee obtains the right to exchange. B) the transferred assets have been isolated from the transferor. C) the transferor can repurchase the transferred assets before their maturity. D) the transferee obtains the risks of ownership.

Business

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

1. When a business sells a plant asset for book value, a gain or loss should be recorded. 2. When a plant asset is sold for less than its book value, a gain is recorded. 3. If a plant asset is sold for more than its book value, a loss is recorded. 4. On July 14, Jones Sporting Goods sold equipment that originally cost $50,000. After updating depreciation, the Accumulated Depreciation - Equipment had a normal balance of $44,000. The selling price of the equipment was $42,000. Jones will report a loss of $8,000.

Business

The most serious weakness is asking for action too quickly and providing no incentive for action

Indicate whether the statement is true or false

Business

Not-for-profits can report expenses by nature and function:

A. In the statement of activities. B. In the notes to the financial statements. C. As a separate financial statement. D. All of the options are correct.

Business