The value of any model is that it enables the user to make inferences about the real situation

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following constitutes copyright infringement?

A. the use of several clips from a copyrighted movie in a documentary B. the use of a brief quotation from a copyrighted work in a news report C. the use of copyrighted material in a spoof or satire D. reproduction by a teacher or student of a small part of a copyrighted work to illustrate a lesson

Business

Jose Consulting paid $500 cash for utilities for the current month. Determine the general journal entry that Jose Consulting will make to record this transaction.

A.

Cash500 
Accounts Payable 500

B.
Prepaid Utilities500 
Accounts Payable 500

C.
Cash500 
Utilities Expense 500

D.
Utilities Expense500 
Cash 500

E.
Utilities Expense500 
Accounts Payable 500

Business

MRP II systems were weakened because they were unable to interface with all of the following except?

a. A firm’s suppliers b. A firm’s customers c. Within a department d. A firm’s foreign units

Business

The Foreign Sovereign Immunities Act broadly defines com¬mercial activity

Indicate whether the statement is true or false

Business