Article 2 of the Uniform Commercial Code (UCC) is also applied by federal courts to sales contracts governed by federal law
Indicate whether the statement is true or false
TRUE
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Which of the following is a true statement regarding the United States Social Security Administration (U.S. SSA)?
a. The U.S. SSA publishes a monthly list of newly issued Social Security numbers. b. The U.S. SSA publishes a monthly list of Social Security numbers that are no longer in use. c. The U.S. SSA database of valid numbers can be accessed by interested parties. d. The U.S. SSA database can be used to create mailing lists.
Adventure Travel signed a 14%, 10-year note for $152,000. The company paid an installment of $2200 for the first month. After the first payment, what is the principal balance? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $149,800 B) $150,227 C) $151,573 D) $154,200
Disadvantages of a partnership include
A) facilitates pooling of resources. B) no corporate tax burden. C) mutual agency. D) freedom and flexibility for partners.
Valve Corporation has the following pension information for the year ended December 31 . 2014: Service cost $ 225,000 Contributions to the plan 240,000 Actual return on plan assets 210,000 Projected benefit obligation (beginning of year) 2,700,000 Market-related and fair value of plan assets (beginning of year) 1,800,000 Assuming the expected return on plan assets and the settlement rate are both
1 . percent, what amount should Valve report for pension expense for 2014? a. $225,000 b. $285,000 c. $315,000 d. $495,000