Confirm input acceptance is a control that helps ensure input completeness by informing the user that the input has been accepted for processing.
Indicate whether the statement is true or false.
Answer: True.
You might also like to view...
A wireless LAN is easier than wired LANs because there are fewer
requirements for capacity and connectivity. Indicate whether the statement is true or false
Orange Company had machinery destroyed by a fire on December 23, 2017 . The machinery had been acquired on April 1, 2015, for $49,000 and its adjusted basis was $14,200 . The machinery was completely destroyed and Orange received $30,000 of insurance proceeds for the machine and did not replace it. This was Orange's only casualty or theft event for the year. As a result of this event, Orange has:
a. $4,200 ordinary loss. b. $15,800 § 1245 recapture gain. c. $14,200 § 1245 recapture gain. d. $30,000 § 1231 gain. e. None of the above.