A statement of opinion is generally subject to a claim of fraud.

Answer the following statement true (T) or false (F)


False

Business

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Ensley Company and Bac Company have separate incomes of $140,000 and $240,000, respectively. They had intercompany purchases and sales of $40,000 and intercompany interest of $2,000 . Consolidated net income is

a. $422,000. b. $380,000. c. $338,000. d. $142,000.

Business

The break even cash inflow is the minimum level of cash inflow necessary for a project to be acceptable

Indicate whether the statement is true or false

Business

In designing analytic systems, it must be kept in mind that the right to an individual's privacy is not absolute

Indicate whether the statement is true or false

Business

Most secure communication over the Internet uses a protocol called HTTP

Indicate whether the statement is true or false

Business