The purchase of equipment financed by a long-term notes payable is an example of ________
A) investing activity
B) financing activity
C) operating activity
D) non-cash investing and financing activity
D
Business
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Describe some of the reasons for the expected growth in employment opportunities in HR
What will be an ideal response?
Business
The auditor for Universal Tools, Inc. discovered in 2017 that the warranty liability account showed a $25,000 debit balance. She reasoned that the correct treatment of this discovery is to ________
A) conduct a fraud investigation to see if a fraud has occurred B) make engineering investigate to see if there is a production failure C) wait until next year to see if the trend continues D) investigate and increase the warranty expense and liability to an appropriate level
Business