Which of the following can help determine the accuracy of a source?
A) How current is this information?
B) Does the source identify the author?
C) Is the author qualified or an expert in this content?
D) Does the author cite sources for numbers, facts, or research findings?
E) Does the source provide a last-updated date or copyright?
Answer: D
Explanation: D) Accuracy determines how much you can trust the information. Does the author cite sources for numbers, facts, or research findings? Or does the author expect you to assume the data is correct?
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A company uses the retail inventory method and has the following information available concerning its most recent accounting period:?At CostAt RetailBeginning-of-period inventory$148,600$245,200Net purchases677,4001,229,800Sales?1,200,0001. What is the cost-to-retail ratio using the retail method?2. What is the estimated cost of the ending inventory?
What will be an ideal response?
Under the Statute of Frauds, any contract that transfers an ownership interest in real property must be in writing to be enforceable
Indicate whether the statement is true or false
If a project is acceptable using the NPV criterion, then it will also be acceptable using the
discounted payback period since both methods use discounted cash flows to make the accept/reject decision. Indicate whether the statement is true or false
Impossibility:
a. discharges the obligations of the parties to the contract b. discharges the obligations of the offeror c. discharges the obligations of the offeree d. does not discharge any party's obligations e. means the contract must be rewritten by an attorney