The cost of a sewage system should be included in the Land Improvements account
Indicate whether the statement is true or false
False
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Groupware allows users to work on documents simultaneously and connect using social networking tools
Indicate whether the statement is true or false.
Online surveys are fast because the survey can automatically direct respondents to applicable questions and transmit results immediately
Indicate whether the statement is true or false
Both a leader and several of her followers like to bowl and are members of the same weekly bowling league. These followers are most likely members of a(n) ______.
a. tangible group b. intangible group c. in-group d. out-group
On January 1, 2011, James Company sold a machine for $10,000 that it had used for several years. The machine was purchased at $22,000, and had accumulated depreciation of $9,000 at the time of sale. What gain or loss will be reported on the income statement for the sale of the machine?
A) Gain of $10,000 B) Loss of $13,000 C) Loss of $3,000 D) Gain of $3,000