Accrued revenues would appear on the balance sheet as

A) assets
B) liabilities
C) capital
D) prepaid expenses


A

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The cost of an inventory item includes its invoice cost minus any discount, plus any added or incidental costs necessary to put it in a place and condition for sale.

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

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Sixth Amendment. The Sixth Amendment secures to a defendant who faces possible imprisonment the right to counsel at all critical stages of the criminal process, including the arraignment and the trial. In 1996, Felipe Tovar, a twenty-one-year-old

college student, was arrested in Ames, Iowa, for operating a motor vehicle while under the influence of alcohol (OWI). Tovar was informed of his right to apply for court-appointed counsel and waived it. At his arraignment, he pleaded guilty. Six weeks later, he appeared for sentencing, again waived his right to counsel, and was sentenced to two days' imprisonment. In 1998, Tovar was convicted of OWI again, and in 2000, he was charged with OWI for a third time. In Iowa, a third OWI offense is a felony. Tovar asked the court not to use his first OWI conviction to enhance the third OWI charge. He argued that his 1996 waiver of counsel was not "intelligent" because the court did not make him aware of "the dangers and disadvantages of self-representation." What determines whether a person's choice in any situation is "intelligent"? What should determine whether a defendant's waiver of counsel is "intelligent" at critical stages of a criminal proceeding?

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Which of the following network protocols is used on the Internet and has become the de facto standard protocol for networking around the world?

A) SNA B) TCP/IP C) VPN D) OSI

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Drew receives an inheritance that pays him $54,000 every three months for the next two years. Which of the following is closest to the present value (PV) of this inheritance if the interest rate is 8.9% (EAR)?

A) $314,366 B) $471,549 C) $392,957 D) $432,000

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