Regarding government sources of information:
a. accessing federal records is generally inexpensive.
b. federal records are generally not as useful as state records in fraud investigations.
c. military records are confidential and require a subpoena to access.
d. IRS records are readily available to the public and are very useful in fraud investigations.
b
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Motherboard Technology makes and sells only one product, a high-quality processor for mainframe computers, within its market—Silicon Valley, California. Which strategy is Motherboard Technology using?
A. cost-focus B. focused-differentiation C. diversification D. single-product E. differentiation
A patent was purchased for $100,000 on January 1 . The estimated useful life is 5 years. The entry to record amortization for the first year would include a
a. debit to Patent Amortization, $20,000; b. debit to Patent, $20,000; c. credit to Cash, $100,000; d. debit to Patent Amortization, $100,000; e. credit to Cash, $20,000
Which of the following information of the corporation can a shareholder obtain by right?
A) The original accounting books and records that support the financial statements. B) The salary and bonus of the president of the corporation C) Research regarding new product development D) Both A and B E) None of the above
Case-Based Critical Thinking QuestionsCase 7-1Sara Lewis is a teacher at Lakeside Junior College. When she came to class late, for the second time in a row, her students suggest she get a PIM. Sara is not sure "what a PIM is" and is doing some research.Sara's research shows that a PIM can be described as ____.
A. a simple data management software B. a centralized database system C. either a. or b. D. neither a. nor b.