The objective of an operating budget is to plan and control revenue and expenses to obtain desired profits.
Answer the following statement true (T) or false (F)
True
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Milt built a barn for the Lowreys, but unintentionally deviated from the agreed specifications. The contract price for Milt's work was $10,500 . The barn is usable, but the damages for his deviation were $700 . Identify the type of breach the courts would probably deem Milt's departure from the contract to be, and discuss the result of this type of breach
Appraisal rights:
a. belong to dissenting shareholders. b. can be exercised by a target company any time before acquisition. c. allow a target company to get a fair valuation of their assets before sale. d. always give all shareholders the fair market value of their shares.
Accountants are regulated by a variety of organizations. Match the following statements with the most directly related organizations. Organizations may be used once or not at all.Formed to improve standards of financial accounting for state and local government entities.
What will be an ideal response?
Which of the following problems associated with storing data in a list is avoided by storing data in a relational database?
A) Maintaining the data may require changing the same data value in many locations B) Inconsistency when a data item is used multiple times C) Inability to store partial data D) Duplication of data items E) All of the above