Appraisal costs are associated with preventing defects before they happen
Indicate whether the statement is true or false
FALSE
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Use the information below for Flora Inc for 2015 and 2016 to answer the following question. Equipment, December 31, 2015 $65,000 Equipment, December 31, 2016 72,000 Accumulated depreciation, December 31, 2015 39,000 Accumulated depreciation, December 31, 2016 30,000 During 2016, Flora Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. What was depreciation expense for 2016? a. $ 9,000 b. $16,000 c. $21,000 d. $30,000
Answer the following statements true (T) or false (F)
All of the relationships between self-leadership strategies and the “mind and body” are reciprocal relationships.
Stu whips up a schedule based on the critical ratio criterion. What is the average number of assignments in the system?
A) 3.91 B) 3.71 C) 3.53 D) 3.14
Felix tells Genie, a prospective tenant, that the roof of the Hillside Apartments building does not leak when Felix knows that it does. This may give rise to an action for fraud, because the statement is one of A) ?puffery
B) ?fact. C) illusion. D) opinion.