The doctrine of revocation by operation of law is found in those statutes that revoke a will upon divorce of the testator

Indicate whether the statement is true or false


True

Business

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The following information relates to the Joshua, Inc: Depreciation expense $ 500 Increase in salaries payable 50 Purchased operating equipment 700 Net income 3,000 Paid long term note payable 600 Paid dividends 900 Increase in accounts receivable 400 ? What is the net cash provided by operating activities?

A) $2,100 B) $2,650 C) $3,200 D) $3,150

Business

If there is a credit balance in the Payroll Payable at the end of the accounting period, it represents

A) the amount by which applied payroll was greater than actual payroll. B) the amount by which actual payroll was greater than applied payroll. C) labor costs which have not been paid. D) an amount that should be charged to Cost of Goods Sold.

Business

The ______ is the relationship between two or more tasks that requires certain tasks to be done before others.

A. least priority relationship B. precedence relationship C. factor rating D. contingency relationship

Business

If the performance of a contract that was legal when formed becomes illegal because of a subsequently enacted law, the duty of performance is discharged

a. True b. False Indicate whether the statement is true or false

Business