The failure to follow industry code is a breach of duty
Indicate whether the statement is true or false
True
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What is mass communications? How and why does it differ from other forms of communication?
What will be an ideal response?
Which of the following statements is true about common illegal uses of patents?
A) A tying arrangement occurs when the patent holder issues a license to use the patented object only if the licensee agrees also to buy some non-patented product from the holder. B) A tying arrangement occurs when the patent holder issues a license to use the patented object in a manner dictated by the patent holder. C) Cross-licensing occurs when two patent holders sell their patents to one another. D) Cross-licensing occurs when a patent holder extends his or her patent to cover a similar object.
Short-term investments have higher maturity risks than long-term investments.
Answer the following statement true (T) or false (F)
At the end of the year, Metro, Inc. has an unadjusted credit balance in the Manufacturing Overhead account of $820. Which of the following is the year-end adjusting entry needed to adjust the account?
A) A debit to Cost of Goods Sold of $820 and a credit to Finished Goods Inventory of $820 B) A debit to Manufacturing Overhead of $820 and a credit to Finished Goods Inventory of $820 C) A debit to Manufacturing Overhead of $820 and a credit to Cost of Goods Sold of $820 D) A debit to Cost of Goods Sold of $820 and a credit to Manufacturing Overhead of $820