A method of encryption that uses a pair of matched keys, including a public key to encrypt a message and a private key to decrypt it, describes

A) data encryption standard.
B) public asymmetric key encryption.
C) symmetric private key encryption.
D) paired key encryption.

B

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Direct labor costs are accumulated in the Manufacturing Overhead account

Indicate whether the statement is true or false

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Lawson bought a parcel of raw land in 1963 and subdivided it into four separate lots. Twenty-five years later, he sold each lot for $10,000. The adjusted basis for each lot was $2,000. Lawson's long-term capital gain on these transactions is:

A: $8,000; B: $32,000; C: $40,000; D: Cannot be determined from the information given.

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