The reply that a message may invoke from the receiving object after an operation is complete is called ________
A) an answer
B) a returned object
C) a messenger
D) a return value
D
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[APPENDIX] When the owner of a sole proprietorship withdraws assets from the business for personal use
a. it is treated like a noncash dividend. b. it is illegal because the assets belong to the separate entity, the proprietorship. c. it would be recorded as a loss by the proprietorship. d. it is recorded as a reduction of owner's equity.
Which of the following is an example of a straight rebuy?
A) frequently purchased routine purchases such as printer toner B) upgrading the local intranet with new technologies C) purchasing the first local intranet for a small business D) routine purchases that have changed in some way such as air travel
Farrell and Jimmy enter into a partnership agreement on May 1, 2018. Farrell contributes $50,000 and Jimmy contributes $150,000 as their capital contributions. They decide to share profits and losses in the ratio of their respective capital account balances. The net loss for the year ended December 31, 2018 is $40,000. The capital account of Farrell should be ________ with his share of the loss.
A) debited B) credited C) increased D) halved
Lubrication used for machines is an example of a direct material
Indicate whether the statement is true or false