In terms of collateral, which of the following would be categorized as "equipment"?
a. a mowing tractor used to mow personal property
b. crops produced by a farming operation
c. goods held by someone for sale or lease
d. a computer system used in a retail store
d
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At the year end inventory count, if goods in transit are shipped FOB destination, they should be included in the inventory count of
a. The seller b. The buyer c. Neither the buyer nor the seller
The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates
Indicate whether the statement is true or false
The rate of return available on the next best investment alternative for the saver refers to the
opportunity cost of funds. Indicate whether the statement is true or false
Which of the following statements describes the media's role in the self-regulation of advertising?
A. The media cannot refuse to accept advertising for an entire product class such as hard liquor. B. The media is expected to reject ads that are targeted toward children and older adults. C. The media must accept all the advertising campaigns they receive because of the First Amendment that guarantees the freedom of speech. D. The broadcast is required by law to reject political ads. E. The media can refuse to accept individual ads they find offensive or objectionable.