Which of the following describes a schedule overrun?
A. Needing more materials than planned
B. Using more resources than projected
C. Hiring more people than expected
D. Taking more time than estimated
D. Taking more time than estimated
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Eliasen, Inc invests its excess cash in Creative Technologies, Inc and acquires 3,300 shares for $32
50 per share. Eliasen, Inc owns less than 2% of Creative's voting stock and plans to hold the stock for two years. Which of the following is the correct journal entry for the transaction? A) Long-term Investments-Held-to-Maturity 107,250 Cash 107,250 B) Cash 107,250 Long-term Investments-Held-to-Maturity 107,250 C) Cash 107,250 Long-term Investments-Available-for-Sale 107,250 D) Long-term Investments-Available-for-Sale 107,250 Cash 107,250
To find someone guilty of receiving stolen property, it is sufficient to prove that the defendant:
A) Knowingly received the stolen property and intended to deprive the true owner of the property. B) Took part in the wrongful taking of the property and intended to deprive the true owner of the property. C) Paid for the property and intends to keep it himself. D) Was in possession of stolen property. E) Intended to keep the property himself.