Refer to Closing Case 1 - Mobile CRM at Disney World: The intent of Disney's MyMagic + system is to better track the use of credit cards at Disney's parks.

True or False?

Which statements about scholarships are true? Select all that apply. 1 A student could receive a scholarship based on financial need. 2 Some scholarships require the student to pursue a specific field of study.

Rains Company purchased equipment on January 1 at a list price of $125,000, with credit terms 2/10, n/30. Payment was made within the discount period. Rains paid $6,250 sales tax on the equipment, and paid installation charges of $2,200.

Unlike partnerships, if sole proprietorships find themselves in bankruptcy, they need not worry about a court of law requiring them to sell off personal assets to pay for the debts of the firm. a) true b) false

Identify a financial goal that you or someone else might have. What are the risks or costs associated with this goal?

Mason prepares a status report his client has requested. The project is on schedule and going well. Since there isn't any bad news to report, Mason writes the report quickly using a former status report as a template.

A gift that might otherwise be viewed as a future interest in a trust can be treated as a present interest gift if:

Curtain Co. paid dividends of $10,000; $12,500; and $14,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,100 shares of 5.5%, $100 par value preferred stock outstanding that paid a cumulative dividend.

Describe how legal contracts provide incentives for people to exchange goods and services

List four wan technologies that are carried over the pstn.

Which of the events is likely to occur when the business cycle is in a period of recession (contraction) ? an increase in the standard of living an increase in unemployment an increase in GDP (gross domestic product) an increase in economic growth