A characteristic of a fixed asset is that it is
A) intangible
B) used in the operations of a business
C) held for sale in the ordinary course of the business
D) a long term investment
B
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Data Corporation has just computerized its billing and accounts receivable record keeping. You want to make maximum use of the new computer in your audit of Data Corporation. Which of the following audit techniques could not be performed through a computer program?
A. Selecting accounts to be confirmed on a random basis. B. Examining sales invoices for completeness, consistency between different items, valid conditions, and reasonable amounts. C. Resolving differences reported by customers on confirmation requests. D. Tracing audited cash receipts to accounts receivable credits.
What is a convertible debt instrument?
a. A loan to a small business made by a bank that gets converted to a lower interest rate once the startup gets larger. b. A mechanism for early-stage investment where the investor is issued a note with an interest rate for the invested amount, convertible to stock at certain price per share upon Series A investment or other events as specified in the note. c. A debt instrument that converts to publically traded stock after one year. d. None of the above
Use the information in the table and sequence the six jobs using the slack per remaining operation algorithm
Calculate the average flow times and average lateness. All jobs arrived at time zero and are ready at time zero. Job Production Time Due Date A 10 20 B 15 25 C 17 22 D 20 31 E 16 20 F 20 24
What layer number is the Internet layer?
A) 1 B) 2 C) 3 D) 4