Which of the following is not true regarding Depreciation?
A) Depreciation allocates the cost of a fixed asset over its estimated life.
B) Depreciation expense reflects the decrease in market value each year.
C) Depreciation is an allocation not a valuation method.
D) Depreciation expense does not measure changes in market value.
B
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Which of the following statements about sampling is correct?
a. Sampling is based on the principle that a sufficiently large number drawn from a population will be representative, regardless of whether the selection was random. b. The results of a sample will be biased and therefore not reliable for formal research. c. Sampling is a survey technique that eliminates the need for questioning 100 percent of the population. d. All of the above are correct.
Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, the cost of shipping from Hampton to Newark is approximately ______.
a. $604
b. $795
c. $112
d. $833
Jean leaves her prom dress with Kwik 'n Kleen Launderers to be cleaned and altered for the dance. On its return, the dress is greasy and smells bad, and the alterations burst at the seams. Who suffers the loss and why?
What will be an ideal response?
Trade regulation rules tend to be issued in areas where the FTC thinks there are particular problems with deception
a. True b. False Indicate whether the statement is true or false