Additions to land that increase the usefulness of the land such as parking lots, fences, and lighting are not depreciated.

Answer the following statement true (T) or false (F)


False

Business

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TKE Corporation established a defined benefit pension plan in 2016. TKE has provided the following information for the year ended December 31, 2018:  Service cost$90,000 Interest cost$120,000 Actual return on plan assets$70,000 Expected return on plan assets$80,000 Amortization of prior service costs$30,000 The pension expense for 2018 is:

A. $170,000. B. $160,000. C. $90,000. D. $120,000.

Business

Which of the following information is contained in a customer information file (CIF)?

A) description of competitors B) contact history of the customers C) rates charged by key suppliers D) rules and regulations affecting the business of the organization

Business

A market survey by LG revealed that Indians preferred not to mix vegetarian and non-vegetarian food items

Hence, LG refrigerators in India include a special convertible box with separate compartments to store and control the temperature of vegetarian and non-vegetarian food. This is an example of customizing ________ to local needs. A) advertising media B) product features C) packaging D) brand name E) labeling

Business

The UCITA (Uniform Computer Information Transactions Act) establishes uniform legal rules for the formation and enforcement of electronic contracts and licenses

Indicate whether the statement is true or false

Business