An entity is also defined as an attribute

a. True
b. False
Indicate whether the statement is true or false


False

Business

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An asset is being constructed for an enterprise's own use. The asset has been financed with a specific new borrowing. The interest cost incurred during the construction period as a result of expenditures for the asset is

a. a part of the historical cost of acquiring the asset to be written off over the estimated useful life of the asset. b. interest expense in the construction period. c. recorded as a deferred charge and amortized over the term of the borrowing. d. a part of the historical cost of acquiring the asset to be written off over the term of the borrowing used to finance the construction of the asset.

Business

Mental incapacity usually arises from:

A) Mental illness. B) Brain damage. C) Senility. D) All of the above.

Business

The defect rate for a product has historically been about 2.0%. What are the upper and lower control chart limits if you wish to use a sample size of 100 and 3-sigma limits? All answers are in (LCL,UCL) format

A) (0.00, 0.048) B) (0.00, 0.062) C) (0.00, 0.059) D) (0.00, 0.067)

Business

Find the Modified Internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 11%: Year 0: -$22,000; Year 1: $5,000; Year 2: $6,000; Year 3: $7,000; Year 4: $7,500; and, Year 5: $8,000

A) About 12.13% B) About 12.88% C) About 13.04% D) About 13.12%

Business