When calculating a partial year's depreciation, the length of time an asset has been owned usually is rounded to the nearest month. This rounding practice is justified by the principle or rule of

a. matching.
b. materiality.
c. conservatism.
d. full disclosure.


B

Business

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Because digital media are interactive, they blur the line between content providers and consumers.

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

Business

During the preapproach stage of the selling process, a salesperson should:

a. provide information about various referrals and discounts available. b. learn as much as possible about a prospect's organization and its buyers. c. create point-of-purchase displays. d. handle price objections and close the sale.

Business

Godfrey would like to start a business that will eventually have trade with another. He would like the trade partner to be an Asian country but would like it to be a democracy with great economic growth potential, and a large population of potential consumers. Which nation would most likely be his trading partner?

A. India B. China C. Japan D. Thailand

Business

________ examines IT processes for efficiency, effectiveness, and adequate controls

A) Internal auditing B) Financial auditing C) IT auditing D) None of the above

Business