Linear programming is an appropriate problem-solving technique for decisions that have no alternative courses of action
Indicate whether the statement is true or false
FALSE
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Zero, Inc purchased equipment at the beginning of 2011 for $200,000. Zero decided to depreciate the equipment over a 5-year period using the double-declining-balance method. Zero estimated the equipment's salvage value at $20,000. Which of the following statements is correct concerning Zero's financial statements at December 31, 2011?
A) The book value of the equipment is $120,000. B) The book value of the equipment is $80,000. C) The total accumulated depreciation is $90,000. D) Depreciation expense for 2011 is $72,000.
Which of the following is not a guideline to select and deploy measures well?
a. Use measures that challenge employees but are achievable b. Use measures that are perceived as fair c. Ensure accurate data d. Focus on measures that were previously used to determine the success of the organization
If a buyer does not receive goods by the contract deadline, remedies available include:
a. incidental and consequential damages. b. cover. c. damages for non-delivery. d. All of the above.
Edmund, who is auditing the books of Windgrove Co, becomes aware of information indicating an illegal act within the company. Edmund must:
a. determine whether an illegal act occurred and, if it did, the possible effect on Windgrove's financial statements. b. notify the SEC immediately so it can conduct an investigation. c. resign immediately to avoid criminal liability. d. notify local law enforcement and remove himself from any association with the company.