A tourist tax that is restricted for use on maintenance projects in the historic downtown district should always be recorded as general revenues in the governmental activities journal.

Answer the following statement true (T) or false (F)


True

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A company pays for 25 percent of its purchases by credit terms n/60, 40 percent of its purchases by credit terms n/30, and the remaining 35 percent by a two-month advance payment. The sources for June's cash payments schedule for direct materials would not include which of the following?

a. June's direct materials purchases budget b. August's direct materials purchases budget c. May's direct materials purchases budget d. April's direct materials purchases budget

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Disputes over federal trademarks involve establishing:

A. underlying ideas. B. intent. C. piracy. D. infringement.

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The warranty of merchantability is found in Section 402A of the Restatement of the Law of Torts

Indicate whether the statement is true or false

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If high performance is the goal, and it is almost impossible to achieve that goal due to limited resources, then ________ is not an appropriate way to administer rewards.

A. expectancy theory B. modeling and social imitation C. positive reinforcement D. All of the choices are correct.

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