In order to increase the availability of an equipment or system for use, reliability has to ______ with ______ maintainability.
A. decrease; constant
B. be constant; decreasing
C. increase; constant
D. be constant; constant
C. increase; constant
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A column in journals and ledger accounts that is used to cross reference journal and ledger entries is the:
A. Account balance column. B. Debit column. C. Posting reference column. D. Description column. E. Credit column.
What is culture?
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If bonds are sold at a premium to finance a capital project, what important question arises concerning the premium? Discuss the proper accounting for a bond premium in the capital projects fund, the debt service fund, and the government-wide statements assuming that the premium must be reserved for debt service.
What will be an ideal response?
Indicate whether each of the following statements is true or false.________ a) A trademark has an identifiable legal lifetime.________ b) U.S. GAAP requires that research and development costs be capitalized as assets and then expensed over a reasonable period of time.________ c) A patent is amortized over the longer of its legal or useful life.________ d) The entry to record the amortization of a patent includes a debit to Amortization Expense and a credit to Patent._____e) The capitalized cost of a trademark includes the cost to develop the trademark and to defend it.
What will be an ideal response?