The menu at Chipotle Mexican Grill is:

A) primarily gourmet food prepared by some for the best Mexican chefs
B) relatively simple, with a series of options for each menu item
C) primarily organic foods
D) all cooked with chipotles

B

Business

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Suppose Print and Photo Center in the preceding question sold the machine for $1,000. What is the result of this disposal transaction?

a.)Loss of $44,000 b.) Gain of $1,000 c.) Loss of $1,000 d.) No gain or loss

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Which element in inventory computation is most likely to lead to fraud ?

a. Beginning Inventory. b. Purchases. c. Cost of Goods Sold. d. Ending Inventory.

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