On the Web, simple drawings that repeat the same motion over and over endlessly are called an animated ____.
A. JPG
B. TIFF
C. GIF
D. byte
Answer: C
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When a company has available-for-sale debt securities, the interest income pattern in the income statement is identical to the interest income pattern under the held-to-maturity classification.
Answer the following statement true (T) or false (F)
Using a periodic inventory system, Bertram Company records inventory at lower of cost or market using the allowance method. The end-of-the-year journal entries to adjust inventories would include ?
A) ?a debit to Inventory to close beginning inventory at cost value. B) ?a debit to Inventory to close ending inventory at market value. C) ?a debit to Loss Due to Market Valuation for the excess of cost over market value. D) ?a credit to Allowance to Reduce Inventory for the excess of market over cost value.
Simonet and Tett studied the difference between leadership and management. Which of the following best reflects their findings?
A. leadership and management are two totally distinct competencies B. leadership involves creative thinking and comfort with ambiguity C. managers cannot practice leadership D. leaders cannot practice management
Compute the present value of $46,000, invested for six years at 8%.
A) $36,647
B) $25,300
C) $32,660
D) $28,980