Gain or loss on the disposal of assets is determined by comparing the disposed asset's book value to the market value of any assets received.
Answer the following statement true (T) or false (F)
True
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The only classifications used for descriptive studies are in the following three categories: 1 ) sales, 2 ) consumer perception, and 3 ) behavior studies
Indicate whether the statement is true or false
Managerial accounting information for a company is primarily used by ________.
A) its customers to understand the pricing of the product B) its creditors to understand the credibility of the business C) its employees to plan, direct and control operations D) its investors to make their investment decisions
Chicken & Egg Farms promises to pay Dex $500 to install a sump pump in its warehouse. Dex completes the installation. The act of installing the pump
a. imposes a moral obligation on Chicken & Egg to pay Dex. b. imposes no obligation on Chicken & Egg unless it is satisfied with the job. c. is not sufficient consideration because it is not goods or money. d. is the consideration that creates Chicken & Egg's obligation to pay Dex.
Consider the following data and Excel output for a simple linear regression model
How much of the total variation in the dependent variable (Y) is explained by the independent variable (X)? Period Y X Period 1 10 1 Period 2 11 2 Period 3 9 3 Period 4 12 4 Period 5 13 5 Period 6 12 6 Period 7 15 7 Intercept 2.267 Slope 0.843 SE 1.810 Correlation 0.890 r-squared 0.791 A) 2.267 B) 0.843 C) 1.810 D) 0.890 E) 0.791