Hollis - Study guides, Class notes & Summaries

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which of the following conditions must be met for a contingent loss to be recorded on the financial statement? - answer-the chance of loss must be probable and can be reasonably estimated OR the occurrence of a loss must be from a future event Which of the following is a characteristic of a liability? - answer-It arises from present obligation The current ratio measures a companies: - answer-liquidity Which of the following statements needs to be adjusted if a restatement of a prior per...

CDFM All Modules FISCAL LAW T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 T/F? Article 2 section 8 empowers Congress ...

What is part of the FBLA code of ethics? - "I will be honest and Sincere" The FBLA goal is to strengthen the confidence of students in themselves and their .... : - work According to the FBLA Creed, education is the right of: - every person What is an FBLA goal? - strengthen the confidence of students in themselves and their work What is a stanza of the FBLA creed? - I believe education is the right of every person Members of the National Awards Program Committee serve how long? - Three-...

Contents Vicarious liability 10 Century Insurance Co Ltd v Northern Ireland Road Transport Board [1942] AC 509 10 Deatons Pty Ltd v Flew (1949) 79 CLR 370 10 The Tort of Trespass 10 Stanley v Powell [1891] 1 QB 86 10 Kelsen v Imperial Tobacco Co [1957] 2 QB 334 11 Rixon v Star City Pty Ltd [2001] 53 NSWLR 98 11 Defences to the Tort of Trespass 11 Southwark LBC v Williams [1971] Ch 734 11 The Tort of Nuisance 11 Silservice v Supreme Bread Pty Ltd (1949) 50 SR (NSW) 207 11 The Tort of ...

1 LESIONOLOGY EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ What does rapid cooling or exposure of the back to chilling drafts cause? a. irritation to any existing chronic lesion b. cause lengthening of deep intrinsic posterior muscles to help the protection of anterior viscera of abnormal tension or too high tonic shortening of the involuntary fibres in deep, intrinsic spinal joint muscles d. all of the above Correct Answer: c What muscles are involved in f...

Word History: We didn't have this word for a person who studies the natural & physical world until William Whewell invented it in 1834? Scientist Word History: Lewis Carroll coined this word, perhaps as a portmanteau of "chuckle" & "snort"? Chortle Brainpower TV Catchphrase: Mork:This double-talk Orkan signoff? Nanu Nanu Party: Combining a holiday & a month, it's the title of a Preston Sturges film, or a party theme illustrated here? Christmas in July Brest: Brest is in this regio...

ACC 561 FINAL EXAM 1 1. Question 1 The entry to record the acquisition of raw materials on account is: Correct (B) Raw Materials Inventory&... 2. Question 2 Which of the following statements concerning users of accounting information is incorrect? Correct (D) Regulatory authorities ... 3. Question 3 The Mac Company has four plants nationwide that cost $350 million. The current fair value of the plants is $300 million. The plants will be reported as assets at: Correct (A) $350 milli...

ACC 561 FINAL EXAM 4 1. Question 1 The entry to record the acquisition of raw materials on account is: Correct (B) Raw Materials Inventory&... 2. Question 2 Which of the following statements concerning users of accounting information is incorrect? Correct (D) Regulatory authorities ... 3. Question 3 The Mac Company has four plants nationwide that cost $350 million. The current fair value of the plants is $300 million. The plants will be reported as assets at: Correct (A) $350 milli...

ACC 561 FINAL EXAM 2 1. Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2 1.2 x 100% = 120% The answer is 120% 2. Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $660,000. The compan...