Why do so many programs still have help files and configuration files written with the .txt extension?
What will be an ideal response?
Help files and configuration files are written as text files because they can be read by anyone regardless of operating system or office suite. They also don't have any additional formatting that might interfere with the reading of the configuration file.
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When initially recording the cost of land purchased, most companies use the current value
a. True b. False Indicate whether the statement is true or false
Corporations are governed by federal law.
Answer the following statement true (T) or false (F)
Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900
The total cost of units completed during the period were: A) $117,000 B) $143,400 C) $121,000 D) $127,450
When purchasing raw materials on account, what type of accounts would increase?
A) Assets B) Liabilities C) Assets and Liabilities D) Equity E) Neither Assets nor Liabilities