A(n) ________ occurs when a respondent reaches a certain point, and then decides not to answer any more questions for the survey
A) refusal
B) break-off
C) item omission
D) perplexing situation
E) desertion
B
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Shipman, Inc. has 7 units in inventory on December 31. The units were purchased in November for $190 each. The price lists from suppliers indicate the current replacement cost of the item to be $186 each
What is the effect on gross profit if Shipman values its ending merchandise inventory using the lower-of-cost-or-market rule? A) The gross profit would increase by $4. B) The gross profit would not be affected. C) The gross profit would decrease by $28. D) The gross profit would increase by $28.
The property Sam bought 30 years ago had appurtenant Easement for access. 20 years ago the county built a new road and Sam has not use the easement since that time when Sam sells the property, the easement
A) will automatically return to the servient property owner. B) will no longer run with the land due to the statue of limitations. C) must be renewed by re-recording it with the county. D) remains in place and will transfer with the property