When shares of stock held as an investment are sold, the difference between the proceeds and the carrying amount of the investment is recorded as a(n)

a. prior period adjustment
b. operating income and losses
c. paid-in capital addition
d. gain or loss


d

Business

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A building with a cost of $163,000 and accumulated depreciation of $32,000 was sold for a $11,000 gain. When using the indirect method, the cash generated from this investing activity was $131,000

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

Business

Encryption is a preventive control ensuring data confidentiality and privacy during transmission and for storage.

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

Business

New-product development usually fits into the old routines of a firm, so it is not necessary for top management to support new-product development in any special way.

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

Business

Describe the purpose of intellectual property law and outline the main types of intellectual property protection

What will be an ideal response?

Business