Tangible personal property has physical substance.?

Indicate whether the statement is true or false


True

Business

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Profitability control is the prime responsibility of line and staff management

Indicate whether the statement is true or false

Business

Maysonet Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Work in ProcessBal. 1/118,000Credits?Debits520,000  Bal. 12/3134,000    The cost of completed jobs transferred from Work in Process to Finished Goods during the year was :

A. $572,000 B. $520,000 C. $538,000 D. $504,000

Business

The requirement that a party's assent to a contract be genuine or real is referred to as mutual

assent. Indicate whether the statement is true or false

Business

There are four common ways of protecting personal assets: transfer to spouse, partnership

incorporation and insurance. Indicate whether the statement is true or false

Business