The Uniform Electronic Transcription Act (UETA) has been adopted in whole or in part by ________ states
A) fewer than 15
B) 27
C) 31
D) more than 40
D
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According to Gresham's law
A. the product of the money supply and velocity of money is always equal to the transactions demand for money. B. increases in interest rates increases the speculative demand for money. C. whenever there are two different types of money circulating, people hoard the good one, and use the bad one as a medium of exchange. D. as an economy grows, the inequality in the distribution of income in the economy initially increases, then reaches a maximum, after which it eventually decreases.
In 2010, Blanton Company bought equipment with a cost of $160,000, an estimated residual value of $40,000, and an estimated life of 15 years. It was depreciated by the straight-line method for 4 years. Due to obsolescence, it was determined at the beginning of 2014 that the useful life should be shortened by 3 years and the residual value changed to zero. The depreciation expense for 2014 is
a. $11,636 b. $16,00 c. $11,00 d. $8,000
Whose work provided the foundation for the study of the impact of new media on the Communication Age?
a. Marshall McLuhan b. Erving Goffman c. Walter Ong d. Joseph Walther
Which of the following statements is true with regard to the departmental overhead rate method?
A. It is logical to use this method when overhead resources are consumed by various products in substantially the same way throughout multiple departments. B. It is the same as activity-based costing. C. It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments. D. Each department has the same rate for the same activity pool. E. It requires one overhead cost pool and one rate.