Multiple Choice Question 136 When admitting a new partner by investment, a bonus to old partners is usually unjustified because book values clearly reflect partnership net worth. is sometimes justified because goodwill may exist and it is not reflected in the accounts. results if the debit to cash is equal to the new partner's capital credit. results if the debit to cash is less than the new partner's capital credit.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.