The rise of megaretailers has shifted the balance of power between retailers and producers. Since megaretailers have access to numerous consumers, they have significant power when dealing with manufacturers

Indicate whether the statement is true or false


TRUE

Business

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A company purchased new furniture at a cost of $14,000 on September 30. The furniture is estimated to have a useful life of 8 years and a salvage value of $2,000. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the furniture for the first year ended December 31?

A. $1,500.00 B. $500 C. $1,750 D. $437.50 E. $375.00

Business

Which is a universal human right according to the UN Declaration of Human Rights?

A. freedom of movement B. freedom of religion C. freedom to own property D. all of these

Business

An increase in an expense may be accompanied by a decrease in a liability.

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

Business

Wireless radio frequency technology is as secure as fiber optics technology

Indicate whether the statement is true or false.

Business