Activities in a later phase of the SDLC may uncover a need to change the results of previous steps.
Answer the following statement true (T) or false (F)
True
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An adjusted trial balance provides all the data needed to record the closing entries
Indicate whether the statement is true or false
____ can be used to spotlight desk areas and can also be used to reduce the high contrast of light and glare areas that occur in a workspace.
A. Spot lighting B. Pinpoint lighting C. Desk lighting D. Task lighting
The accounting records of Calli Inc indicate that the firm sold for $1,800 during Year 2 a machine originally costing $6,000, with accumulated depreciation of $4,600 . The journal entry made to record this sale was as follows: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1,800 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . 4,600
Loss on Disposal of Equipment . . . . . . . . . . . . . . . . . . . . 400 Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000 In preparing the statement of cash flows using the work sheet, the accountant. a. adds the $400 loss to net income in computing cash flow from operations. b. subtracts the $400 loss from net income in computing cash flow from operations. c. adds the $400 loss to net income in computing cash flow from investing activities. d. subtracts the $400 loss from net income in computing cash flow investing activities. e. subtracts the $400 loss from retained earnings in computing cash flow investing activities.
The test for infringement of a trade mark by the offending mark is:
A) The offending mark is identical to the existing trade mark. B) The offending mark is so similar as to cause confusion in the mind of the public as to the source of goods. C) The offending mark has caused actual confusion as to the owner or supplier of the goods. D) The Registrar of Trade-marks has received a complaint concerning the offending mark from the public. E) The offending mark is offensive to the moral rights of the trade mark owner.