All intangibles are amortized over their useful lives or their legal lives, whichever is shorter

Indicate whether the statement is true or false


F

Business

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It is most accurate to say that the recession of 2008/2009 has resulted in ________

A) an overselling of private goods B) a disbelief in the American dream C) a decline in conspicuous spending D) an increase in materialism E) the elimination of false wants

Business

Alan was being interviewed for the position of business analyst at Amberg Solutions Inc Susan, the interviewer, looked at him and observed that he was dressed inappropriately and looked disinterested. Susan assumed that Alan did not care much for the job and subsequently rejected his application. In this scenario, which of the following conveyed the message that Alan was not much interested in the job??

A) ?Excommunication B) ?A metacommunication C) ?Visual kinesic communication D) ?Vocal kinesic communication

Business

According to your text, what should companies do to guard against a breach of security in their CRM systems?

A. Install powerful firewalls to protect customer data. B. Only allow CRM data to be shared with company affiliates. C. Rely on cloud computing applications instead. D. Rely on government laws to catch hackers. E. Store credit card numbers only for the purpose of customer orders.

Business

Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $126,500, allowance for doubtful accounts of $885 (credit) and sales of $1,035,000. If uncollectible accounts are estimated to be 5.00% of accounts receivable, what is the amount of the bad debts expense adjusting entry?

A. $5775 B. $7210 C. $5625 D. $5440 E. $6325

Business