Systems developed using structured systems design techniques are more costly over the life of the system because maintenance of such structured systems is problematic
Indicate whether the statement is true or false
F
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The adjusting entry for an accrued revenue has the effects of increasing assets and increasing net income.
Answer the following statement true (T) or false (F)
Give an example of an option to abandon a project. Why might this be of value?
What will be an ideal response?
James and Debra Reid purchased a home for $623,000 in January 2014. They put down $62,300 and financed the remainder with Fifth Third Bank. Fifth Third Bank recorded its mortgage on February 1, 2014. On March 31, 2014, the Reids purchased a swimming pool and the pool contractors, Cristoria Pools, financed the construction for $45.000. Cristoria recorded a second mortgage on the property on April
15, 2014. On December 15, 2014, the Reids sold their house to the Griffins for $720,000. The Griffins put $120,000 down and agreed to pay the Reids for the existing mortgage in wrap-around. The mortgage balance at the time of the sale was $619,000. The balance on the Cristoria mortgage was $42,000. On August 15, 2015, the Griffins defaulted on their payments. The Reids had already purchased another home and were unable to make the payments on the home. Fifth Third Bank foreclosed on the mortgage. ?Who has first priority on the sales proceeds after expenses are paid? A)?Fifth Third Bank B)?Cristoria Pools C)?The Reids D)?The Griffins
The actor that is the outcome of generalization is called a(n) ________ actor
A) primary B) secondary C) abstract D) specialized