Which of the following acts protects against unauthorized interception of electronic communications?
A. The Wiretap Act
B. The Cyber Security Enhancement Act
C. The Stored Communication Act
D. The Computer Fraud and Abuse Act
Answer: A
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Exhibit 13-03 ? On January 1, 2017, Train, Inc accepted an $80,000, non-interest bearing 3 year note in exchange for equipment it sold to Steam Company. Train originally purchased the equipment for $125,000, and it had a book value of $75,000 on the date of the sale. The note was non-interest-bearing. An assumed 11% interest rate is implicit in the agreement. Actual information for 11%, three
periods, follows: ? Present value of 1 0.73119 Present value of annuity of 1 2.44371 ? ? Refer to Exhibit 13-03. What amount would Train show as the balance for Discount on Notes Receivable on December 31, 2018? A) $7,928 B) $7,142 C) $15,071 D) $64,929
Morris Corp. uses dollar-value LIFO. Certain information follows: Ending Inventory? Year Current Cost Index 2015 $10,000 100 2016 11,845 103 2017 12,096 108 2018 13,090 110 Compute the ending 2018 inventory.
A. $11,900 B. $11,985 C. $12,006 D. $12,090
A general partnership, unlike a limited partnership, is an entity that legally functions separate and
apart from its owners. Indicate whether the statement is true or false
Luke works in an accounting firm that offers services such as tax preparation and external auditing to corporate companies. Luke is currently providing consultation to a client that deals in automobile parts. In this scenario, Luke is most likely a:
A. public accountant. B. managerial accountant. C. government accountant. D. forensic accountant.