Sustainability¾economic development that meets the needs of the present without compromising the ability of future generations to meet their needs¾is directly addressed by
A. no U.S. statute or other nation's law.
B. U.S. federal environmental laws.
C. other nations' laws but no U.S. statute.
D. international law only.
Answer: B
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Which of the following is true of the behaviorally anchored rating scale?
A. focuses on general statements such as “knowledge of work” B. general examples of performance are provided C. can be time consuming to create and update D. is generally less effective than graphical rating scales
On March 1, 2016, Nortons, Inc. paid $60,000 as office rent covering the three-month period ending May 31, 2016. Journalize the entry on March 1 by using the alternative treatment of deferred expenses
What will be an ideal response
Identification may be made by either the seller or the buyer
a. True b. False Indicate whether the statement is true or false
Fidelity Industries purchased a new truck for $128,000. The company expected the truck to last 5 years or 50,000 miles, with an estimated salvage value of $16,000 at the end of that time. In the first year, the truck was driven 17,600 miles. As the
accountant for Fidelity, you can depreciate this truck using the double-declining-balance method or the units of production method. a. Which method of depreciation will allow the largest write-off in the first year? b. How much greater would the depreciation expense be using your answer to (a) above?