CompTIA offers a foundation certification in basic networking called ________
A) Backyard+
B) Network+
C) Ottoman+
D) Cert+
B
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When purchasing inventory, which document usually triggers the recording of a liability?
a. purchase requisition b. purchase order c. receiving report d. supplier's invoice
An old factory was converted into condominiums on the top six floors, a health club on the fourth floor, offices on floors two and three, and specialty shops and restaurants on the ground floor. This would be an example of a(n)
A. super regional mall. B. multiformat development. C. omnicenter. D. mixed-use development. E. theme/festival center.
A person authorized to write checks drawn on a checking account at a bank must sign and have on file with the bank a
A) signature card B) deposit ticket C) checkbook D) bank card
Goehler, Inc. acquires all of the voting stock of Kenneth, Inc. on January 4, 2017, at an amount in excess of Kenneth's fair value. On that date, Kenneth has equipment with a book value of $90,000 and a fair value of $120,000 (10-year remaining life). Goehler has equipment with a book value of $800,000 and a fair value of $1,200,000 (10-year remaining life). On December 31, 2018, Goehler has equipment with a book value of $975,000 but a fair value of $1,350,000 and Kenneth has equipment with a book value of $105,000 but a fair value of $125,000.If Goehler applies the initial value method in accounting for Kenneth, what is the consolidated balance for the Equipment account as of December 31, 2018?
A. $1,100,000. B. $1,468,000. C. $1,475,000. D. $1,080,000. E. $1,104,000.