The linear programming truck loading model always results in a practical solution

Many firms provide similar types of airline services with similar types of assets. They each received unqualified opinions from their independent auditors. Yet, Flash Airlines appears to apply its accounting principles more aggressively in income-enhancing ways relative to its competitors. The choices for Flash Airlines in applying generally accepted accounting principles under the accrual basis

of accounting include: a. depreciable lives for buildings and equipment. b. estimated uncollectibles for accounts receivable. c. estimated warranty costs. d. all of the above. e. none of the above.

In Gieseke v. IDCA, Gieseke formed a company to compete with his old employer and worked with one of the former owners of his old employer in the new company. His former employer moved some of the equipment of the new company and changed its mailing address without permission of Gieseke or his partner. When Gieseke sued his former employer the courts held that the former employer:

a. was not liable in tort as its actions did not go beyond "normal business activities" b. was not liable as Gieseke was not properly licensed c. was liable for negligent misrepresentation of Gieseke's business to other parties d. was liable for interference with prospective contractual relations e. none of the other choices