What three characteristics must an asset have in order for it to be classified as property, plant and equipment?
What will be an ideal response?
1) The asset must be used for the operating activities of the company, it cannot be for investment.2) The assets expected life must be more than one year.3) The asset must be tangible property.
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Review activities that are completed towards the end of the audit are quite varied
a. True b. False Indicate whether the statement is true or false
As stated in the textbook, which term is defined as a collection of people brought together to apply their individual skills to a common project or goal?
A. flexible work schedule B. group C. team D. posse
The Reagan administration in the 1980s contributed to the economic crisis of 2008 by _______
A. initiating subprime mortgages B. decreasing the net capital rule C. removing many regulations for banks D. encouraging China to underwrite U.S. debt
Hands-on demonstrations are best for ______ learners because these types of audiences need to actively be doing something related to the message.
a. kinesthetic b. visual c. read/write d. auditory