In IDEF1X, a non-specific relationship is indicated by ________
A) a hollow circle on each end of the solid relationship line
B) no circles on either end of the dotted relationship line
C) a solid circle on each end of the solid relationship line
D) a solid circle on each end of the dotted relationship line
C
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Depletion is:
A. Calculated using the double-declining balance method. B. Also called amortization. C. An increase in the value of a natural resource when incurred. D. The process of allocating the cost of natural resources to the period when it is consumed. E. The process of allocating the cost of intangibles to periods when they are used.
A violation where the hazard could cause injury or illness that would most likely result in death or significant physical harm is known as a _____________ violation.
A. serious B. mistaken C. minimum D. willful E. None of the above
Tony Gennaro and Sal Mineola buy old cars and repair and sell them. They split the cost of buying the cars and the proceeds of sale. They never agree to be partners. One car has defective brakes and a pedestrian is injured as a result
Tony worked alone on buying, repairing, and selling this car. The pedestrian sues the car owner, who in turn sues Tony and Sal. Which of the following is TRUE? A) As there was no express partnership agreement, there is no partnership between Tony and Sal. B) As Tony did the defective repair work, only he is liable. C) As there was no written partnership agreement, there is no partnership between Tony and Sal. D) There is a partnership between Tony and Sal implied by law and Sal is liable as a partner. E) Both B and C
Depreciation is the percentage of value of an asset added each year to reflect wear and tear on the asset.
Answer the following statement true (T) or false (F)