The write-off of the cost of intangible assets is called
a. depletion;
b. depreciation; c. amortization; d. deterioration; e. physical depreciation.
C
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One of the greatest sources of liability for auditors under the 1934 Act is Section 10(b) and the related Rule 10b-5, which states that it is unlawful for any person to defraud, make any untrue statement of a material fact, or engage in any act in connection with the purchase or sale of a security. Once a plaintiff has established that he or she can sue under Rule 10b-5, there are four elements that must be proven. List the four elements.
What will be an ideal response?
Find the probability that a given student spends less than 15 minutes with the professor
What will be an ideal response?
Margo is a college student who has student loans and a car loan. She currently works a part-time job at a clothing store, but most of this income goes toward her rent. Based on this scenario, Margo most likely has a(n) ________ net worth.
A. abnormal B. standard C. negative D. normal E. positive
Ariana, a talented photography student, started her own photography business. She planned to solicit jobs from large corporations, which would need headshots and other pictures for their annual reports and websites. Although filling a unique niche, Ariana needed the security that the business would thrive and that she would earn enough to support herself and her family. She also hoped she would spend less time each day calling on potential clients and more time doing the actual shoots. As her small business consultant, which of the following suggestions would you have for Ariana?
A. Ariana should definitely make time for herself each day so that she does not experience burnout. If she plans well, leaping into her own business will provide her with several hours of unstructured time each day where she can perfect her craft even more. B. In the beginning, it's doubtful that Ariana will realize ease of entry, security, and good profits. She needs to make plans in the event that one or more of these does not materialize quickly. C. Photographers can take pictures of a multitude of things. It's probably not good strategy to limit her business to only photographing the needs of large corporations. D. Ariana should either take the risk necessary to develop a small business, or go to work for someone else.