In the context of the forms of change, ________ continues to the point of technological discontinuity with advances or unique combinations of existing technologies creating a significant breakthrough in performance or function.

Fill in the blank(s) with the appropriate word(s).


incremental change

Business

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Select the correct statement regarding managerial and financial accounting.

A. Both managerial and financial accounting use economic and physical data in addition to financial data. B. Financial accounting is more highly regulated than managerial accounting. C. Timeliness is more important in financial accounting than in managerial accounting. D. Users of managerial accounting information desire greater aggregation than do users of financial accounting information.

Business

The dividends received deduction cannot create a net operating loss. The deduction can reduce income to zero but not below zero.

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

Business

A medical office using the double-declining-balance method of depreciation purchased office furniture costing $36,00 . and put it in use on May 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of $2,400 . Compute the book value at the end of the third year

Business

A(n) ____________________ is a group of interrelated files

Fill in the blank(s) with correct word

Business