Ambiguities in the wording of an insurance contract are always construed against the writer
Indicate whether the statement is true or false
TRUE
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Which of the following controls is not a typical internal control over intangible assets?
a. Procedures to provide reasonable assurance that decisions are appropriately made as to when to capitalize or expense research and development expenditures. b. Development of amortization schedules that reflect the remaining useful life of patents or copyrights associated with the assets. c. Procedures to identify and account for intangible asset impairment. d. All of the above are typical controls for intangible assets.
(Choose the best answer.) Appendices should:
A) be labeled with a letter B) be labeled with a title C) be included in the Table of Contents D) be labeled with a letter and a title E) be labeled with a letter and a title and included in the Table of Contents
Identify and discuss key steps when planning persuasive messages
What will be an ideal response?
On January 1, a machine with a useful life of five years and a residual value of $3,000 is purchased for $15,000 . What is the depreciation expense in year 2 using the double-declining-balance method?
a. $3,600 b. $4,800 c. $4,080 d. $6,000