Which of the following is not an example of a use restriction?
A)?Commercial buildings only
B)?Single family dwellings only
C)?Apartment complexes only
D)?a, b and c are all use restrictions
D
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The acquisition of a building by signing a mortgage note payable is included on the statement of cash flows as a(n)
a. operating activity; b. investing activity; c. financing activity; d. schedule of noncash investing and financing activities; e. none of these.
The formula to calculate units-of-production depreciation is ________
a. (Cost ? residual value) × (Rate based on the year / Sum of the years) b. (Cost ? residual value) / Total units of production c. (Cost ? residual value) / Useful life d. (Cost ? Accumulated depreciation at the beginning of year) × Double-depreciation rate
Which of the following is not descriptive of outsourcing?
A. helps reduce the cost structure of a company B. increases the vulnerability of the supply chain C. is limited to the manufacturing process D. invites political backlash from labor unions E. invites political backlash from state legislatures
What constitutes a minor breach and a material breach is determined on a case-by-case basis
Indicate whether the statement is true or false