Which of the following is not a characteristic of all long-term assets?
A) Possess physical substance
B) Not for resale
C) Used in operations of business
D) Useful life of more than a year
A
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Contrast the source program library (SPL) management system to the database management system (DBMS)
The ________ protects the decisions of a board of directors that acts on an informed basis, in good faith, and in the honest belief that the action taken was in the best interests of the corporation and its shareholders
A) Williams Act B) antifraud provision of the Securities and Exchange Commission C) pro rata rule D) business judgment rule
Several months ago, Veronica took over the sales territory managed by a very successful salesperson. Veronica should use ________ as a first source of leads.
A. competitor databases B. chamber of commerce gatherings C. current customers D. census data E. trade shows
The IRS can't impose an accuracy-related penalty on an individual who relied on the advice of a CPA in preparing his tax return.
Answer the following statement true (T) or false (F)