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NEW QUESTION: 1
A company purchases a machine tool with an expected life of 3 years. Under the accrual accounting method, the equipment would be treated in which of the following ways?
A. As a purchase, recorded as an operating expense in the current period
B. As a purchase, netted against retained earnings
C. As an asset, recorded on the balance sheet at acquisition cost and depreciated
D. As an asset, recorded on the balance sheet at purchase price and amortized
Answer: C
NEW QUESTION: 2
Freight units can be based on delivery-based transportation requirements. Determine whether this statement is true or false.
Please choose the correct answer.
Response:
A. False
B. True
Answer: B
NEW QUESTION: 3
Which types of process diagrams are used in BPMN process models? Note: There are 3 correct answers to this question.
A. Interaction diagram
B. Collaboration diagram
C. Sequence diagram
D. Data flow diagram
E. Choreography diagram
Answer: B,C,E
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