Your gender is a nominal variable
Indicate whether the statement is true or false
T
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One task of the ______________________________ phase is to convert to the new or revised system
Fill in the blank(s) with correct word
Richards, Inc exchanged a piece of equipment with an original cost of $82,000, accumulated depreciation to date of $40,000, and a fair value of $46,000 for a similar piece of equipment. Cash flows are not expected to change significantly. The newly acquired equipment had a book value of $40,000 and a fair market value of $41,000. At what value should Richard record the newly-acquired equipment?
A) $40,000 B) 41,000 C) $42,000 D) $46,000
Explain how fraud is different from other types of ethics violations and detail the three factors that are present every time a fraud is committed. Additionally, explain the special role of management in a fraud situation even if the managers themselves are not consciously participating in the fraud.
What will be an ideal response?
A customer in a restaurant would be considered ________ to whom the restaurant owner owes a duty ________
a. a licensee; to warn of known dangers. b. an invitee; of reasonable care. c. a social guest; only to avoid intentionally injuring him. d. a licensee; of strict liability