Funco Inc., a toy manufacturer, sold plastic racing cars that were manufactured with toxic materials, which threatened the health of several children. Under which of the following acts is Funco most likely to be prosecuted?

Alloy Corp is considering the acquisition of a new processing line. The processor can be purchased

for $4,550,000. It will cost $65,000 to ship and $190,500 to install the processor. A recently completed feasibility study that was performed at a cost of $45,000 indicated that the processor would produce a positive NPV. Studies have shown that employee-training expenses will be $150,000. What is the total investment in the processing line for capital budgeting purposes? A) $5,000,500 B) $4,700,000 C) $4,955,500 D) $4,550,000

Expense items are inexpensive products that organizations generally use within a year of purchase

Indicate whether the statement is true or false.