Which of the following should be included in the acquisition cost of a piece of equipment?
A) transportation costs
B) installation costs
C) testing costs prior to placing the equipment into production
D) all are correct
D
You might also like to view...
On January 2, 2010, Lester Company, a calendar-year company, issued $40,000 of notes payable, of which $10,000 is due on January 2 for each of the next four years. The proper balance sheet presentation on December 31, 2010, is
a. Current Liabilities, $40,000. b. Current Liabilities, $10,000; Long-Term Liabilities, $30,000. c. Long-Term Liabilities, $40,000. d. Current Liabilities, $30,000; Long-Term Liabilities, $10,000.
The articles of incorporation usually provide all of the following except:
a. name of the corporation b. names of all shareholders c. name of the registered agent d. classes of stock being issued e. all of the other choices must be provided
In a relational database, the three basic operations used to develop useful sets of data are:
A) select, project, and where. B) select, join, and where. C) select, project, and join. D) select, from, and join. E) who, what, and where.
What type of personality is characterized by someone tending to be rational and unemotional, willing to lie to attain personal goals, and placing little emphasis on loyalty and friendship?
A. Type A B. Type B C. Machiavellian D. Avoidant E. Passive-aggressive