The work sheet is not considered a part of the formal accounting records
Indicate whether the statement is true or false
True
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Use the information below for Flora Inc for 2015 and 2016 to answer the following question. Equipment, December 31, 2015 $65,000 Equipment, December 31, 2016 72,000 Accumulated depreciation, December 31, 2015 39,000 Accumulated depreciation, December 31, 2016 30,000 During 2016, Flora Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. What was depreciation expense for 2016? a. $ 9,000 b. $16,000 c. $21,000 d. $30,000
Markov analysis is a probabilistic technique
Indicate whether this statement is true or false.
Busby contracts to build a house for Clara. Busby finishes approximately half of the house and quits. Clara files suit against Busby. Which remedy is not available to her?
A) Compensatory damages B) Specific performance C) Special damages D) Incidental damages
What is an organization performing when it asks questions such as "which customers are at risk of leaving"?
A. CRM reporting technologies. B. CRM analyzing technologies. C. CRM processing technologies. D. CRM predicting technologies.