The last step in conducting discriminant analysis is to interpret the results (Figure 18.2 in the text)

Indicate whether the statement is true or false

FALSE

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Capitalizing a cost involves crediting the asset account

Indicate whether the statement is true or false

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A licensee induces a seller to break an existing contract for the purpose of accepting a subsequent offer with terms more favorable to the seller. The licensee's action was:

A. Correct and the second offer would be considered a back-up offer. B. A violation of the license law. C. Correct, as it is the licensee's duty to obtain the best terms for the seller. D. Correct and enabled to seller to obtain better terms i the sale if his or her house.

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