A cash coverage of growth ratio of less than 1 indicates cash inadequacy to meet asset growth.

Answer the following statement true (T) or false (F)


True

Business

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An expenditure to improve an asset can be added to the depreciable basis of that asset if the expenditure extends the life of the asset

Indicate whether the statement is true or false

Business

The same methodology is recommended for both simple and complex software developments

Indicate whether the statement is true or false

Business

In which of the following would it not be appropriate to record depreciation of capital assets?

A. Internal service fund. B. Governmental activities. C. Capital projects fund. D. Business-type activities.

Business

The cost of money is above all else a function of:

A) interest rates. B) risk. C) exchange rates. D) rate of return.

Business