Fraud occurs only when there is reliance on a statement of opinion

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Donello Equipment hosts infomercials on television and at the same time allows its viewers to interact with its advertisements. Viewers can request more details and order via their Internet-ready smart televisions

Which of the following forms of marketing is evident here? A) catalog marketing B) telemarketing C) interactive television D) podcast marketing E) kiosk marketing

Business

Which of the following items is reported only in current and future periods?

a. Prior period adjustment b. Change in accounting principle c. Change in estimate d. Effects of changing prices

Business

List and generally explain the warranties on presentment

Business

The law allows you to give $25,000 per year tax free in 2015 to as many people as you'd like

Indicate whether this statement is true or false.

Business