Systematic risk can be effectively managed through diversification
Indicate whether this statement is true or false.
Answer: FALSE
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Use the information below for Shorter Inc for 2015 and 2016 to answer the following question. Equipment, December 31, 2015 $65,000 Equipment, December 31, 2016 72,000 Accumulated depreciation, December 31, 2015 39,000 Accumulated depreciation, December 31, 2016 30,000 During 2016, Shorter Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. Assume that all purchases of equipment were paid with cash. How much cash was paid by Shorter for the purchase of equipment during 2016? a. $ 7,000 b. $30,000 c. $37,000 d. $72,000
Interviewer bias is defined as the error due to the interviewer's not following the correct interviewing procedures
Indicate whether the statement is true or false
Which of the following would be added to the balance per books on a bank reconciliation?
a. Deposits in transit b. Outstanding checks c. Service charges d. Notes collected by the bank
By using ________, a company deliberately sets a low price with the intention of driving its competition out of business
A) price-fixing B) price lining C) surge pricing D) predatory pricing E) loss leader pricing