Deregulation is one of the six evolution phases of data communications
Indicate whether the statement is true or false
FALSE
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The amortization period for a patent is
A) indefinite; patents should be reviewed for impairment annually. B) 20 years. C) 20 years or the expected useful life of the patent, whichever is longer. D) 20 years or the expected useful life of the patent, whichever is shorter.
The ________ is a business philosophy that says the customers' want-satisfaction is the economic and social justification for a firm's existence.
A. scientific approach to business B. Six Sigma concept C. TQM concept D. marketing concept E. sales heuristic
Which of the following is an actual account on the books?
A) Cost of goods sold. B) Gross margin. C) Net income. D) Income from operations.
A company issued 5-year, 7% bonds with a par value of $300,000. The market rate when the bonds were issued was 6.5%. The company received $306,317 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:
A. $9868.30. B. $10,887.48. C. $21,000.00. D. $19,907.48. E. $10,500.00.