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1. A Shell Corporation: part 3 41. One Trap for the unwary is that: A. If an expert witness testifies at trial everything he or she does regarding the case must be turned over to the opposition B. If a testifying expert reviews the work of a consulting expert then the work of the consulting expert is discoverable C. Some states still follow the Frye test rather than the Daubert standard for qualifying an expert witness D. B and C E. Non ...

Other / Other 15 Oct 2016

1. A Shell Corporation: part 2 21.Wrongful discharge action by P, a law professor, against D University, his employer. P claims he was fired without cause. D claims it fired P because rather than teaching Evidence, P taught quantum mechanics. P denies this. To prove that P was teaching quantum mechanics, D calls W, a student in P’s class, to testify about the contents of a certain class session. D then asks W if she took notes durin ...

Other / Other 15 Oct 2016

MIS 505 Programming-Final-Exam-Review PART 2 21. The term ____ is applied to situations in which you define multiple methods with a single name. A) overloading B) bonding C) renaming D) inferring Points Earned: 1.0/1.0 Correct Answer(s): A 22. A ____ is a set of program statements that tell you the characteristics of the class’s objects and the methods that can be used by its objects. A) class interface B) class definition ...

Other / Other 15 Oct 2016

A cheque returned by bank marked "NSF" means that 1. Favourable balance of cash book implies that A)Credit balance of cash book B)Debit balance of cash book C)Bank overdraft D)Adjusted balance of cash book 2. A cash deposit made by business appears on the bank statement as _______ balance A)Debit B)Credit C)Expenses D)Liability 3. A cheque returned by bank marked "NSF" means that A)Bank can©t verify your identity B)There a ...

Other / Other 11 Jun 2016

Were these merchandise shipments properly recorded as sales 1. Amalgamated Campus Stores, Inc. (ACS) employed student representatives to market grooming aids, casual clothes, and other such products on college campuses. The representatives organized parties at which they displayed samples of all the products. Students who bought products paid the representative, who in turn ordered the products and paid ACS for them. When the products arri ...

Other / Other 30 May 2016

Compute the balance of the Cash account 1. Using the alphabetical list of account balances presented below, all of which are normal, prepare a trial balance for T. and C. Company at June 30, 2010, in proper order. Compute the balance of the Cash account. Accounts Payable $140 Accounts Receivable 280 Cash ? Equipment 400 Office Expense 180 Rita Mason, Capital 440 Service Revenue 300 2. In the journal provided, prepare journal entr ...

Other / Other 30 May 2016

Received the first week's tuition from four students 1. In the journal provided, prepare journal entries (in good form) for the following transactions. If no entry is required, write “no entry.” Omit explanations. Mar. 1 Jean Kelly opened a dance school, called Jean's Dance Studio, by depositing $15,000 into a business bank account. 2 Paid three months' rent in advance, $1,800. 4 Hired a part-time assistant, to be paid $ ...

Other / Other 30 May 2016

What two purposes are served by using the Post. Ref. columns of a journal and ledger 1. What two purposes are served by using the Post. Ref. columns of a journal and ledger? 2. Use the following descriptive phrases to determine the account name that would be used for each. In addition, classify the account as an asset (A) , liability (L), owner's equity (OE), revenue (R), or expense (E). a. Amount due to creditor for merchandise purchase ...

Other / Other 30 May 2016

Briefly discuss the differences between Prepaid Insurance and Insurance Expense 1. Briefly discuss the differences between Prepaid Insurance and Insurance Expense. 2. From the following alphabetical list of account balances, all of which are normal, for Kasper Company on July 31, 2010, prepare a trial balance in proper form (the amount of Phil Kasper, Withdrawals must be computed) . Accounts Payable $500 Accounts Receivable 200 Cash ...

Other / Other 30 May 2016

Prepare a trial balance in proper form 1. Using the following transactions, calculate (A) net income for the period, as well as the ending balances of (B) total assets, (C) total liabilities, and (D) Cash. For part d, indicate whether the balance is debit or credit. a. Opened business by investing $36,000 in cash. b. Paid one year's insurance in advance, $2,400. c. Billed customers for services rendered, $6,000. d. Received utility ...

Other / Other 30 May 2016