The SUBSTR function is used to return a portion of a character string. _________________________
Indicate whether the statement is true or false
True
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Acquired in-process research and development should be
a. capitalized when acquired but not amortized. b. capitalized when acquired and amortized over a period not to exceed 40 years. c. capitalized when acquired and amortized based on the number of units of product or services sold each period. d. expensed when acquired.
The high-low method
A) is not as accurate as other methods B) can be affected by the presence of outliers C) has the advantage of objectivity D) all of the answers are correct
Flamingo, Inc has the following budgeted figures
Jan Feb Mar April Sales $50,200 $67,000 $84,000 $95,000 Cost of goods sold 60% of sales Required ending inventory $10,000 + 25% of next month's sales Inventory on hand on Jan 1 $27,500 Calculate cost of goods sold for the month of February. A) $16,750 B) $30,120 C) $29,370 D) $40,200
Even if an individual is an at-will employee, in most states the employer is prohibited from discharging the employee for a reason that violates public policy
a. True b. False Indicate whether the statement is true or false