The ACRS was a 1986 modification of the property classes and the depreciation rates for accelerated depreciation method; used for assets purchased after 1986 to assist businesses in using depreciation as a tax write-off

Indicate whether the statement is true or false


False

Business

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Cost of merchandise sold is the amount that the merchandising company pays for the merchandise it intends to sell

Indicate whether the statement is true or false

Business

Describe five appropriate uses of a comma

Business

The most common use of drafts is to:

a. guarantee payment from bankrupt parties b. guarantee payment for real estate c. guarantee payment for nonnegotiable contracts d. guarantee payment between businesses located in different states e. none of the other choices are correct

Business

Your company has been supplying a local company with warehouse management. A proposed project requires warehouse management in 15 national locations. This is an example of how the contractor could

a. take on too much risk because they have only worked with a small company. b. hurt its local reputation by working on projects with other companies. c. develop its proposal writing skills by bidding on the project. d. extend its capabilities and expand its business to a larger customer base.

Business