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Testimony of a Person Who Was Present When a Document

question 36

True/False

Testimony of a person who was present when a document was prepared would be admissible at trial if the document was destroyed by accident.


Definitions:

Incremental Income

The additional income that is generated as a result of a specific business decision or activity.

Incremental Costs

Additional costs associated with producing one extra unit of a product or delivering an additional service.

Direct Materials

Raw materials that are directly used in the manufacturing of a product and can be easily traced to the finished product.

Direct Labor

The cost of labor that can directly be associated with the production of goods or services.

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