A possessor of non-negotiable commercial paper has the same rights as the person who made the original contract
Indicate whether the statement is true or false
True
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Transfer of title to personal property can occur by all but which of the following ways?
a. By deed. b. By gift. c. By will or descent. d. By accession. e. Transfer can occur by any of the above.
Which of the following is true regarding the government-wide Statement of Net Position?
A. Both Discretely presented component units are included in a separate column (or columns) & Net Position is displayed in three categories: net investment in capital assets, reserved, and unreserved. B. Discretely presented component units are included in a separate column (or columns). C. Net Position is displayed in three categories: net investment in capital assets, reserved, and unreserved. D. Neither Discretely presented component units are included in a separate column (or columns) nor Net Position is displayed in three categories: net investment in capital assets, reserved, and unreserved.
Project managers should be able to organize a set of disparate activities
Indicate whether the statement is true or false
Annika Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 4,000 units and of Product B is 1,000 units. There are three activity cost pools, with total cost and activity as follows: Total ActivityActivity Cost PoolTotal CostProduct AProduct BTotalActivity 1$18,0007003001,000Activity 2$24,000500100600Activity 3$60,0008004001,200The activity-based costing cost per unit of Product A is closest to:
A. $20.40 B. $10.00 C. $17.00 D. $18.15