In most states, the number of witnesses required for a will to be valid is
a. one.
b. three.
c. four.
d. none.
B
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2015 and was used 2,700 hours in 2015 and 2,600 hours in 2016. Refer to the information about Norwood, Inc If Norwood uses the straight-line method, what is the book value at December 31,
2017? a. $46,875 b. $51,875 c. $62,500 d. $67,500
In a process costing system, newest units in the production process are the first to be transferred to the next department
Indicate whether the statement is true or false
Of all the ways to structure a sales force, product sales force structure is most effective in helping the company to become more customer focused and build closer relationships with important customers
Indicate whether the statement is true or false
Which of the following is NOT an adjustment to reconcile net income to cash from operating activities?
a. Increase or decrease in an accrued liability b. Amortization of premium or discount on bonds payable c. Cash dividend declared but not yet paid d. Increase or decrease in a prepaid expense