With CDP, each location backs up the other in real time
Indicate whether the statement is true or false.
Answer: TRUE
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If equipment costing $90,000 with accumulated depreciation of $75,000 is sold for $17,000, the entry to record this sale would include a
a. credit to Accumulated Depreciation, $75,000; b. debit to Cash, $90,000; c. credit to Gain on Sale of Equipment, $2,000; d. debit to Loss on Sale of Equipment, $15,000; e. none of these
“The willingness to be vulnerable” is an often-cited definition of ______.
A. naive B. gullibility C. neediness D. trust
Some employers promise to contribute a certain amount to the pension plan each period for each employee, usually based on an employee's salary, without specifying the benefits the employee will receive during retirement. The amounts employees eventually receive depend on the investment performance of the pension plan. Such plans are referred to as
a. defined benefit pension plans. b. defined contribution pension plans. c. deferred compensation plans. d. 529 Plans. e. individual retirement accounts.
The ________ was enacted to open most federal administrative agency meetings to the public
A) Freedom of Information Act B) Privacy Act C) Government in the Sunshine Act D) Equal Access to Justice Act