Public cloud promotes massive, global, industry wide applications offered to the general public. In a public cloud, customers are never required to provision, manage, upgrade, or replace hardware or software.
Answer the following statement true (T) or false (F)
True
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When comparing the lower of cost to market rule under any of the methods
A) the appropriate market value is determined before comparing it to the cost. B) the purpose of the ceiling is to ensure that the write-down is sufficient to cover all expected gains. C) the purpose of the floor is to prevent an excessive gain from being recognized in the future. D) the process is consistent with the principle of conservatism because the goal is to limit excessive swings in gross margin.
An activity's normal time and cost are 8 and $100, respectively. Its estimated crash time and cost are 6 and $160, respectively. What is this activity's crash cost per time unit?
A. $60 B. $153 C. $65 D. $33 E. $30
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center A Investment Center BInvestment center income$415,000 $525,000 Investment center average invested assets$2,400,000 $1,950,000 The return on investment (ROI) for Investment Center B is:
A. 21.7% B. 371.4% C. 24.1% D. 39.2% E. 26.9%
An organization that does not pay income tax on its profits but passes them through to its owners who pay the tax at their individual rates is called a
a. business corporation. b. flow-through tax entity. c. tax-free business venture. d. professional corporation.