If a business changes the estimated useful life, or estimated residual value, of a plant asset, depreciation expense must be recalculated

Indicate whether the statement is true or false

TRUE

Business

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Unit banking means:

a. a bank may have only one full-service office b. the bank is owned by a unit trust c. all branch offices are controlled by a central unit d. none of the above

Business

Your home and property have a market value of $200,000. Since you want to make sure that you meet the coinsurance provisions, you should have at least ________ of insurance

A) $160,000 B) $180,000 C) $200,000 D) $220,000 E) none of the above

Business