Accumulated Depreciation

a. increases assets.
b. decreases assets.
c. increases liabilities.
d. decreases liabilities.


b

Business

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Inseparability means that the production and consumption of a service occur almost simultaneously

Indicate whether the statement is true or false

Business

Amir takes his car to City Car Repairs to get his brakes repaired. City gives an estimate of $1,000 for the repair in writing and Amir agrees. When Amir comes to get the car after the brakes are fixed, he was given a bill for $1,200

As a result Amir A) must pay the $1,200 B) only has to pay $1,000 C) must pay $1,100 D) does not have to pay anything E) will have to take the case to ADR

Business

Tariffs are taxes on exports.

Answer the following statement true (T) or false (F)

Business

The Ethics Review Board at XYZ College is composed of students who were elected by the student body. When a student is charged with an ethics violation, the board meets to hear both sides of the dispute in a confidential meeting. Their decisions are not binding on the parties, according to college policies. They are acting as

A. facilitators. B. ombudsmen. C. conciliators. D. a peer review team. E. negotiators.

Business