Transactions involving the purchase of long-term assets are entered by crediting the proper asset account and debiting the cash account or proper liability account
a. True
b. False
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False
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An operations flow document
a. tracks the cost and quantity of material through an operation. b. tracks the network of control points from receipt of a customer's order through the delivery of the finished product. c. specifies tasks to make a unit and the times allowed for each task. d. charts the shortest path by which to arrange machines for completing products.
Patents are granted on a state by state level so to patent an invention, the creator would have to file for protection in each state
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A wire transfer refers to using an ATM machine to access cash
Indicate whether the statement is true or false.
Most lawyers who steal from their clients are caught, prosecuted and serve significant jail time to protect the public
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