Workers' compensation benefits are usually paid according to preset limits established by statute or regulation.
Answer the following statement true (T) or false (F)
True
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Gentech Corp prepared a bank reconciliation as of June 30, 2016 . The following items were identified: Gentech's bank balance $14,300 Deposits in transit $1,000 Outstanding checks 1,300 Bank service charges 50 Customer's NSF check returned by the bank 150 Gentech's adjusted cash balance at June 30, 2016 is
a. $13,800 b. $14,100 c. $14,000 d. $14,300
Waxman Company purchased a patent for $170,000 at the beginning of 2016, and estimated that its expected useful life was 10 years. The patent has a legal life of 17 years. What amount should be recorded as amortization expense for the patent in 2016?
a. $ -0- b. $ 7,000 c. $10,000 d. $17,000
Specific features are created using Scrum methodology according to four distinct phases: analysis, design, monitor, and test.
Answer the following statement true (T) or false (F)
The U.S. Patent and Trademark Office (USPTO) wants to review certain records of Verity Corporation. The USPTO can legitimately gain access to the records through
a. agency coercion. b. infiltrating Verity's computers without the firm's knowledge. c. public comment. d. Verity's consent.