Which U.S. law mandates the use of filtering technologies in schools and libraries that receive certain types of federal funding?
A) Privacy Protection Act
B) Homeland Security Act
C) Children's Internet Protection Act
D) Computer Fraud and Abuse Act
C
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Salmone Company reported the following purchases and sales for its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using LIFO. DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory260 units @ $11 5Purchase275 units @ $13 10Sales 195 units @ $2115Purchase155 units @ $14 24Sales 145 units @ $22
A. $4565 B. $3900 C. $4575 D. $4040 E. $4030
In accounting for inventory, the assumed cost flow need not match the physical goods flow
Indicate whether the statement is true or false
Disputes over federal trademarks involve establishing:
A. underlying ideas. B. intent. C. piracy. D. infringement.
Firms have some choice as to when they disburse cash. A firm may delay making payments to suppliers, employees, and others during the last several days of an accounting period and then make the cash payments during the early part of the next period. The firm
a. decreases cash flow from financing during the first period but increases cash flow from financing during the second period. b. increases cash flow from operations during the first period but decreases cash flow from operations during the second period. c. decreases cash flow from operations during the first period but increases cash flow from operations during the second period. d. increases cash flow from financing during the first period but decreases cash flow from financing during the second period. e. increases cash flow from investing during the first period but decreases cash flow from investing during the second period.