Accountants need not worry about calculations based upon the concept of the time value of money
a. True
b. False
Indicate whether the statement is true or false
False
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When an investor is not interested in owning their own business, why do they need to understand entrepreneurship?
A) To understand why someone would want to work so hard for a small return B) To determine the key characteristics of success C) To understand how to convert a great idea to a profitable idea D) To assess the market potential for up-and-coming businesses E) To learn how to set up a business plan
On July 1, 20X8, Cleveland established a capital projects fund to construct a new town hall. Financing for construction came from the following sources: (1)Transfer from the general fund$2,000,000 (2)State grant 1,000,000 (3)Proceeds of general obligation bonds 11,500,000** Includes $500,000 premium. Construction of the town hall was completed on June 15, 20X9. For the fiscal year ended June 30, 20X9, what amount should Cleveland's capital projects fund report for revenues on its statement of revenues, expenditures, and changes in fund balance?
A. $3,500,000 B. $14,500,000 C. $1,000,000 D. $1,500,000
What is transmission material manufactured so that signals will be confined to a narrow path and will behave predictably?
A. Transmission control protocol/internet protocol B. Wire media C. Fiber-optic cable D. Network transmission media
Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enforceable if Blanche
A) ratifies it. B) disaffirms it. C) nullifies it. D) voids it.