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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, netted against retained earnings
B. As an asset, recorded on the balance sheet at purchase price and amortized
C. As a purchase, recorded as an operating expense in the current period
D. As an asset, recorded on the balance sheet at acquisition cost and depreciated
Answer: D
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. True
B. False
Answer: A
NEW QUESTION: 3
Which types of process diagrams are used in BPMN process models? Note: There are 3 correct answers to this question.
A. Sequence diagram
B. Data flow diagram
C. Interaction diagram
D. Collaboration diagram
E. Choreography diagram
Answer: A,D,E
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