A material fact is a fact that is irrelevant to the subject matter of a contract but pertains to the conduct of the parties

Sala Co. is contemplating the replacement of an old machine with a new one. The following information has been gathered:

Old Machine New Machine Price $300,000 $600,000 Accumulated Depreciation 90,000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $240,000 $180,600 If the old machine is replaced, it can be sold for $24,000. Which of the following amounts is a sunk cost? a) $240,000 b) $180,600 c) $600,000 d) $210,000

In the information systems (IS) industry, a technical writer develops test plans, and designs and writes automated test scripts

Indicate whether the statement is true or false