To find an error, you should first
a. re-post every entry; b. find the difference
between the debits and the credits; c. erase questionable entries; d. trace all postings; e. double check your addition.
E
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Which one of the following statements is true?
A) One objective of depreciating an asset is to provide funds for replacement. B) GAAP requires the use of either straight-line or declining-balance depreciation. C) Straight-line depreciation results in a decreasing rate of return on total assets. D) Typically, the sum-of-the-years'-digits method will result in less depreciation expense in the year of acquisition than will the double-declining-balance method.
If an investor buys enough stocks, he or she can, through diversification, eliminate all of the market risk inherent in owning stocks, but as a general rule it will not be possible to eliminate all diversifiable risk.
Answer the following statement true (T) or false (F)
"I enjoy fixing cars; it is often challenging to determine what is wrong and how to fix it." Which of the following determinants of job satisfaction does this statement reflect?
A. Growth and upward mobility B. The work itself C. Supervision D. Pay and benefits
Small businesses have traditionally added ____ new jobs to the economy.
A. more than their proportional share of B. less than their proportional share of C. very few D. the highest paying E. the vast majority of