Which of the following statements about Internet resources is correct?
a. Resources must be reliable and credible to appear on the Internet.
b. Internet resources may be used without concern for copyright, since materials must be cleared for posting before appearing on the Internet.
c. Because of the vast material available on the Internet, the technologically capable business researcher does not need to rely on traditional library research any longer.
d. Selected texts of articles and documents are often available via the Internet, while full texts may only be available in published form.
D
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Amounts in the special columns of the combination journal are posted as totals
Indicate whether the statement is true or false
An asset's book value is $18,000 on December 31, Year 5. The asset has been depreciated at an annual rate of $3,000 on the straight-line method. Assuming the asset is sold on December 31, Year 5 for $15,000, the company should record:
A. Neither a gain nor a loss is recognized on this transaction. B. A loss on sale of $12,000. C. A gain on sale of $12,000. D. A gain on sale of $3,000. E. A loss on sale of $3,000.
Explain the difference between a unilateral contract and a bilateral contract
What will be an ideal response?
Root& Branch is a Registered Public Accounting Firm. Root & Branch performs auditing services for Sales & Service Company. Under the Sarbanes-Oxley Act of 2002, at the same time, for the same company, Root & Branch can also provide
a. bookkeeping and other services related to accounting records and financial statements. b. none of the choices. c. appraisal and valuation services. d. financial systems design and implementation.