Extraordinary repairs:
A. Are credited to accumulated depreciation.
B. Are additional costs of plants assets that do not materially increase the asset's life.
C. Are expensed when incurred.
D. Are revenue expenditures.
E. Extend the useful life of an asset beyond its original estimate.
Answer: E
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Sales managers use the ELMS system to:
A. identify demographic characteristics so that customer needs match sales goals. B. evaluate salespeople during annual performance appraisals. C. create the most efficient travel routes for salespeople. D. categorize accounts in terms of profitability. E. match the personalities of salespeople and customers.
In computing the ratio of net sales to assets, any long-term investments are excluded from total assets
Indicate whether the statement is true or false
As a general rule, firms are responsible for the torts committed by their foreign subsidiaries under the alien tort claims act but not by their foreign branch offices
Indicate whether the statement is true or false
Why might there be a bias in favour of Welsh companies?
What will be an ideal response?