____ are assigned using direct tracing and resource drivers
A) Resources
B) Costs
C) Profits
D) Materials
E) Products
B
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Purchase volume per transaction for indirect material purchases is ______.
A. very large B. moderate C. relatively small D. large
Firms account for leases using either the operating lease method or the capital (finance) lease method. Which of the following is not true?
a. The capital, or finance, lease method treats leases equivalent to installment purchases or sales, where the lessee borrows funds from the lessor to purchase the asset and the lessor recognizes profit at the time of sale. b. The lessee records the leased asset and the lease liability on the balance sheet at the present value of the contractual cash flows at the time of signing the lease. c. The lessee amortizes the leased asset, similar to recognizing depreciation on buildings and equipment. d. The lessee recognizes interest expense on the lease liability, similar to recognizing interest expense on long-term notes or bonds. e. The lessor records the signing of a capital lease differently than if the lessor sold the leased asset for an installment note receivable.
In Candy Crush Saga, you get five lives to play in the game. When you lose a life, it takes 30 minutes in real-life time to get that life back, or you can spend $0.99 to get those lives back. Candy Crush Saga is an example of a paid app.
Answer the following statement true (T) or false (F)
Which of the following has been held to destroy the negotiability of an instrument and to render its transfer a contractual assignment?
a. "I wish you would pay." b. "Pay to the order of John Jones." c. "Pay bearer." d. None of these.