In a general sense, technology is the process that converts raw materials or intellectual capital into products or services.
Answer the following statement true (T) or false (F)
True
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The Assembling Department of Origination Inc. had 10,000 units in process on December 1 and received 30,000 units from the Sewing Department. During the month, it completed 20,000 units and transferred them to the Packaging Department. Calculate the number of units accounted for by the Assembling Department for December.
Prepare the production cost report for the Assembling Department for the units for the month of December. Use the FIFO method.
Which of the following statement completions is NOT CORRECT? For a profitable firm, when MACRS accelerated depreciation is compared to straight-line depreciation, MACRS accelerated allowances produce
A. Higher depreciation charges in the early years of an asset's life. B. Larger cash flows in the earlier years of an asset's life. C. Larger total undiscounted profits from the project over the project's life. D. Smaller accounting profits in the early years, assuming the company uses the same depreciation method for tax and book purposes. E. Lower tax payments in the earlier years of an asset's life.
Ordinances are generally enacted by state legislatures
Indicate whether the statement is true or false
If the buyer relies on the seller's skill or judgment to select the goods for that purpose, a(n) suited for that purpose is created
a. explicit warranty b. implied warranty c. extra warranty d. express warranty e. none of the other choices are correct