Which of the following is not a reason that legal systems in developed countries have not kept up with available information technologies?
A) Technology changes very quickly.
B) Those who create laws generally have little expertise with complex IT issues.
C) The existing laws can easily be reinterpreted to apply to new technologies.
D) Laws are difficult to create in an Internet age when it is difficult to determine which country has legal jurisdiction.
C
Business
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A due-on-sale clause requires immediate repayment of the loan when the property changes hands
Indicate whether the statement is true or false.
Business
Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity-based costing system is used, what is the total amount of overhead cost assigned to the standard model?
A) $13,450 B) $14,350 C) $14,650 D) $15,150
Business