A negotiable instrument is a stock, a bond, or any other instrument of interest that represents an investment in a common enterprise with reasonable expectations of profits that are derived solely from the efforts of those other than the investor

Indicate whether the statement is true or false


FALSE

Business

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Mohr Company purchases a machine at the beginning of the year at a cost of $28,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 52,000 units. The machine is estimated to have a $2000 salvage value. The company produces 9400 units in year 1 and 6400 units in year 2. Depreciation expense in year 2 is:

A. $2000. B. $16,800. C. $11,200. D. $3200. E. $5200.

Business

A certification mark can identify location of the origin of a good

a. True b. False Indicate whether the statement is true or false

Business

The best organization to go to when a supported task is generic is a(n):

A) open-source software provider. B) cloud computing service provider. C) in-house development group. D) packaged software producer. E) IT service firm.

Business

To be considered as inventory, goods must be finished and waiting for delivery

Indicate whether the statement is true or false

Business