Who said, "There is no knowing how estates will go when once they come to be entailed"?

A) Shelley, in The Rule in Shelley's Case
B) Jane Austen
C) Dumpor, in the Rule in Dumpor's Case
D) William the Conqueror


B

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Internal control has become a very important focus for publicly traded and privately-held companies alike. Internal control is intended to accomplish at least three objectives and consists of five components of internal control. List the three objectives and five components of internal control.

What will be an ideal response?

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Digital media hinders the ability of a firm to manage an MPR crisis due to the extensive number of platforms and sites used for communicating messages

Indicate whether the statement is true or false

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All good jobs are highly advertised

Indicate whether the statement is true or false

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A company is planning to purchase a machine that will cost $24,000 with a six-year life and no salvage value. The company expects to sell the machine's output of 3,000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the payback period for this machine?      Sales   $90,000  Costs:       Manufacturing$52,000     Depreciation on machine 4,000     Selling and administrative expenses 30,000 (86,000) Income before taxes   $4,000  Income tax (50%)    (2,000) Net income   $2,000  

A. 4 years. B. 6 years. C. 24 years. D. 1 year. E. 12 years.

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