Which statement contains a dangling expression?

A) Robert started analyzing the data after he told Jose about the deadline.
B) Mr. Carlton, our treasurer, spoke to the bank's managers on Thursday.
C) When you review a message, you should identify errors to be corrected.
D) David read the memo to Sammy, but he didn't like the new policy.
E) Michael asked Heather to make copies of the news article.


D

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Nevada Enterprises purchased a machine on January 2, 2013 . at a cost of $140,000 . An additional $70,000 was spent for installation, but this amount was charged erroneously to repairs expense. The machine has a useful life of five years and a salvage value of $40,000 . As a result of the error,

a. retained earnings at December 31 . 2014, was understated by $34,000 and 2014 income was overstated by $6,000. b. retained earnings at December 31 . 2014, was understated by $42,000 and 2014 income was overstated by $6,000. c. retained earnings at December 31 . 2014, was understated by $34,000 and 2014 income was overstated by $14,000. d. 2013 income was understated by $70,000.

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Compare and contrast the format and purpose of backgrounders, fact sheets, and FAQs

What will be an ideal response?

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Which of the following is a true statement regarding an exit-price accounting system?

a. It measures flexibility of the firm in terms of the amount of cash that would be realized from a forced liquidation of assets. b. It provides an excellent indicator of liquidity. c. It provides an estimate of the speed of conversion of a firm’s resources. d. It provides an estimate of the cash conversion value of a firm’s resources.

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Tanner is aware that many of his friends share unregistered software that is helpful in their jobs. One friend offered to give him a copy of the software. Tanner politely declined the offer and bought himself a registered copy of the software. It appears Tanner is at the _________ of moral development.

A. preconventional level B. conventional level C. postconventional level D. neoconventional level

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