Which element of internal control deals with a company having large amounts of cash on hand?
A) Control environment
B) Control activities
C) Information and communication
D) Risk assessment
D) Risk assessment
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Consider each of the accounts listed in the table below.Required: Indicate how the balance of each account will be increased and decreased by entering the word "Debit" or "Credit" into the appropriate column. AccountIncreased byDecreased by1)Accounts receivable??2)Service revenue??3)Common stock??4)Cash??5)Salaries expense??6)Notes payable??7)Dividends??8)Prepaid rent??
What will be an ideal response?
Tronco Inc. placed in service a truck costing $40,000 on January 15 of this year. On November 1, the company placed in service $200,000 of construction equipment. Tronco is a calendar-year taxpayer. When calculating MACRS depreciation, Tronco must apply the mid-quarter convention to the construction equipment, but will use the half-year convention for the truck.
Answer the following statement true (T) or false (F)
Family and household segmentation has become more complex due to a variety of differing family arrangements.
Answer the following statement true (T) or false (F)
In a linear programming model, the decision maker always seeks to maximize the objective function
a. True b. False