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NEW QUESTION: 1
Which of the following groups of employees should be trained on the detailed use of W-9 forms?
A. Security officers
B. Auditors and accountants
C. Senior management
D. New account officers
Answer: D

NEW QUESTION: 2
A non-current asset was purchased for £240000 at the beginning of Year 1, with an expected life of 7 years and a residual value of £50000. It was depreciated by 20% per annum using the reducing balance method.
At the beginning of Year 4 it was sold for £100000. The result of this was:
A. A profit on disposal of £50000
B. A loss on disposal of £2720
C. A loss on disposal of £22880
D. A profit on disposal of £58571
Answer: C

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