Licensing refers to a business arrangement that occurs when the owner of intellectual property contracts to permit another party to use the intellectual property.
Answer the following statement true (T) or false (F)
True
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Which of the following is both an estimated liability and a contingent liability?
a. Co signature on $500 loan b. Current portion of long-term debt c. Warranty liability d. Liability for dividends
A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
A. $5,000. B. $50,000. C. $45,000. D. Zero. This is an operating activity. E. Zero. This is a financing activity.
The standard deviation of 
is referred to as the?
A. ?standard mean of x. B. ?standard error of the mean. C. ?sample standard mean. D. ?sample mean deviation.
Variables are quality characteristics that are ______.
a. measured on a continuous scale b. are counted using whole numbers c. are always nominal type of data d. are usually independent variables