Which of the following are noncurrent assets?

A) Machinery and equipment
B) Accounts receivable
C) Inventories
D) Unearned revenues


A

Business

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What type of account is increased with a debit but is a decrease to retained earnings?

a. Liability b. Asset c. Revenue d. Expense

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When attempting to detect terrorists and criminals in public places, officials pay attention to suspects’ ______.

A. cars B. shoes C. body language D. groups

Business

Released in 1990, FrontPage is easily the most well-established of the presentation software tools. _________________________

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

Business

Renew Turf, Inc, enters into a contract with Sports Park to provide surface material for Sports Park's baseball fields by October 1 for a series to begin October 5. The contract specifies an amount to be paid if the contract is breached. This is a liquidated damages clause if the amount is

a. meant to pay for additional liquid sealant in the event of damage. b. a reasonable estimate of the loss on a breach. c. designed to penalize the breaching party. d. intended to quickly provide cash to the nonbreaching party.

Business