A digital signature is
a. the encrypted mathematical value of the message sender's name
b. derived from the digest of a document that has been encrypted with the sender's private key
c. the computed digest of the sender's digital certificate
d. allows digital messages to be sent over analog telephone lines
B
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Portland Manufacturing had the following data for the period just ended:Work in process, Jan. 1$21,000Work in process, Dec. 3140,000Finished goods, Jan. 170,000Finished goods, Dec. 3161,000Direct materials used126,000Direct labor260,000Factory depreciation80,000Sales945,000Advertising expense 52,000Factory utilities27,000Indirect materials 19,000Indirect labor35,000Required:A. Calculate Portland's cost of goods manufactured.B. Calculate Portland's cost of goods sold.
What will be an ideal response?
U.s. gaap
a. does not allow firms to amortize goodwill in measuring net income each period. b. requires that an annual test for impairment in the value of goodwill be performed each period. c. requires the write-down of goodwill and recognition of an impairment loss if an impairment in the value of goodwill exists. d. all of the above e. none of the above
Which idea about LAO and MSO is true?
A. The LAO is relatively difficult to find. B. The MSO is easily calculable. C. Reversing opinion on the MSO during negotiations is acceptable. D. The LAO should be set to prevent a loss.
Under the RUPA, if a partner is dissociated from a partnership without resulting in dissolution, the business may choose whether to purchase the dissociated partner's interest in the partnership
Indicate whether the statement is true or false