A ____ is a nonprocedural language suitable for developing software that mimics human intelligence
a. fifth-generation language
b. fourth-generation language
c. third-generation language
d. second-generation language
a
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A high P/E ratio always indicates that a stock is overpriced by the market
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. How much a nonprofit spends on fund-raising is a method of financial performance measurement. 2. Benchmarking is a way nonprofits compare themselves to similar organizations. 3. The logic model is a method used to measure a nonprofit’s financial management capabilities. 4. The acronym SROI stands for “standard run on inventory.” 5. Performance measurement is one way a nonprofit can ensure it is achieving its mission.
A company purchased a tract of land for its natural resources at a cost of $1,500,000. It expects to mine 2,000,000 tons of ore from this land. The salvage value of the land is expected to be $250,000. If 150,000 tons of ore are mined during the first year, the journal entry to record the depletion is:
A. Debit Depletion Expense $93,750; credit Accumulated Depletion $93,750. B. Debit Depletion Expense $93,750; credit Natural Resources $93,750. C. Debit Cash $112,500; credit Natural Resources $112,500. D. Debit Depletion Expense $112,500; credit Accumulated Depletion $112,500. E. Debit Cash $93,750; credit Accumulated Depletion $93,750.
If you lose your place during a presentation, refer briefly to your notes
Indicate whether the statement is true or false