Cellpoint uses two-part pricing for its long-distance call charges. Because this is a service, the price is broken into a fixed fee plus a(n) ________ usage rate
A) fixed
B) variable
C) standard
D) market
E) optional
B
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Which of the following statements does not correctly describe required income tax disclosures in the notes to the financial statements?
A. The sources that created deferred tax assets and deferred tax liabilities is a required disclosure. B. The statutory tax rate and the effective tax rate are disclosed. C. The expiration date of net operating loss carryforwards must be disclosed. D. The effective tax rate applicable to firms in the same industry is a required disclosure.
Which of the following is generally true about exculpatory clauses?
A) They are not valid with respect to intentional acts. B) They are not valid for ordinary negligence. C) The test is if they are reasonable in time, scope, and geographic area. D) They are usually found to be invalid.
The fact that a stop payment on a check has been issued renders the check nonnegotiable
Indicate whether the statement is true or false
Data link control protocols are only used in private WANs
Indicate whether the statement is true or false