Answer the following statements true (T) or false (F)
1. Facebook is considered a type of information network.
2. Within an information network, customers and suppliers have direct communication.
3. The phenomenon of employees working in the evenings and weekends through their various devices is called “the second shift.”
4. Approximately half of all employees admit to using their work computers for personal use.
1. True
2. False
3. False
4. False
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When completing the forward pass, the project duration is determined. A project duration of 90 days doesn't mean that if the project were to start today it would be complete in 90 days. Explain.
Fill in the blank(s) with the appropriate word(s).
Unearned revenues are current liabilities until they are earned
Indicate whether the statement is true or false
When a minor disaffirms a contract, he or she can keep whatever property is in his or her possession as a result of the contract.
Answer the following statement true (T) or false (F)
Blast Corporation manufactures purses and make-up kits. The corporation decides to quit manufacturing purses and distributes the assets associated with this division to its shareholders. The distribution of the these assets will be treated as a partial liquidation if
A. the distribution is "not essentially equivalent to a dividend" and is made within the year a plan of liquidation is adopted or within the succeeding year. B. the corporation so elects. C. the distribution is made within 24 months of the adoption of a plan of liquidation and the transaction is "not essentially equivalent to a dividend." D. the corporation discontinues the line of business and the transaction is "essentially equivalent to a dividend."