Which one of the following factors is not an inherent risk associated with long-lived assets?

a. Obsolescence of assets.
b. Impairment of assets.
c. Incomplete recording of disposals.
d. Lack of physical controls over the long-lived assets.


d

Business

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Indicate whether the statement is true or false

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Which of the following usually offers higher speeds?

A) LANs B) WANs C) Both A and B are about equal in typical speeds.

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Which of the following is not a term used to indicate one of the typical manufacturing environments?

a. Engineering to order (ETO) c. Assemble to order (ATO) b. Make to ship (MTS) d. Make to stock (MTS)

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The Statute of Frauds requires real estate sales contracts to be in writing.

Answer the following statement true (T) or false (F)

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