In the job order system, the finished goods account is the controlling account for the factory overhead ledger
Indicate whether the statement is true or false
False
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In which of the following situations is there a third party incidental beneficiary who would be unable to enforce the agreement?
a. Wholesalers, when the buyer of a business promises the seller that he will pay outstanding debts to wholesalers who have supplied inventory for the business. b. Workers, where a contractor agrees to post a performance bond to assure payment of workers and material suppliers. c. A debtor, where a new partner enters an accounting firm and agrees to pay a share of debts incurred prior to his admission to the firm. d. A doctor, when an automobile accident policy states that the insurance company will reimburse the insured for medical expenses incurred as a result of an automobile accident.
A homestead exemption allows a debtor to subtract the value of the family home from the amount of a debt
a. True b. False Indicate whether the statement is true or false
A network where every user is physically connected to every other user is
a. a star network b. a mesh network c. a circuit-switched network d. a packet-switched network
Which of the following statements about CAN-SPAM is not true?
A) CAN-SPAM went into effect in January 2004. B) CAN-SPAM prohibits unsolicited e-mail (spam). C) CAN-SPAM prohibits the use of deceptive subject lines and false headers. D) Large spammers are among CAN-SPAM's biggest supporters.