Estimated residual value is ignored entirely under which of the following methods of depreciation?
a. Production
b. Straight-line
c. Tax depreciation
d. Double-declining-balance
C
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A company's bank statement shows a cash balance of $4,230. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $3,880, deposits outstanding of $1,230, NSF check of $300, and service fee of $50. Calculate the correct balance of cash.
What will be an ideal response?
The academic planner of a university thinks that at least 35% of the entire student body attends summer school. The correct set of hypotheses to test his belief is
A. H0: p< .35 Ha: p
.35.
B. H0: p
.35 Ha: p> .35.
C. H0: p
.35 Ha: p< .35.
D. H0: p> .35 Ha: p
.35.
An entrepreneurial venture may never grow large, and the owners may not want it to, as they prefer a more relaxed and less aggressive approach to running the business.
Answer the following statement true (T) or false (F)
Which of the following is not an appropriate use of transfer pricing?
A. Evaluating performance. B. Establishing standard costs. C. Product costing. D. Decision making.