Which of the following would be categorized as a sudden crisis if faced by an electronics firm?
A) mismanagement in the finance department
B) conflict among union and non-union workers
C) a fire destroying the main manufacturing facility
D) drastic decline in consumer demand for products
E) numerous blogs posted by unhappy customers
C
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A run-to-run control is an example of an output control
Indicate whether the statement is true or false
Favre Company reports depreciation expense of $51,000 for Year 2. Also, equipment costing $173,000 was sold for a $11,100 loss in Year 2. The following selected information is available for Favre Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31Year 2Year 1Equipment$665,000? $838,000? Accumulated Depreciation-Equipment 472,000? 555,000?
A. $39,000. B. $51,000. C. $50,100. D. $27,900. E. $71,900.
Criminal fraud is the crime of obtaining title to property through deception or trickery
Indicate whether the statement is true or false
Dixon said to Lynn, "I'll sell you my Korden camera for $75." Lynn said, "No, I already have one." Costello then said, "I'll buy it at that price." Could Costello legally accept Dixon's offer? Why or why not?