____ Are Often Used in Place of Finished Drawings, Particularly

question 15

Multiple Choice

____ are often used in place of finished drawings, particularly when time and circumstances do not permit preparation of a finished drawing.

• A) Drafts
• B) Mockups
• C) Guides
• D) Sketches

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Definitions:

Buildings Account

An account that records the costs associated with a company's buildings, including purchase price, construction costs, and improvements.

Unamortized Patent

The portion of a patent's cost that has not yet been expensed against earnings over its useful life.

Adjustment Necessary

Indicates a need to modify financial statements or entries to reflect accurate and fair information.

Land Account

An account used in accounting to record the cost of land owned by a company, which is a non-depreciable asset.