1. A shareholder in a professional corporation can be liable for malpractice arising from the rendering of professional services. (Points : 2) True 2. Jay tells Kim that he will buy her textbook from the last semester for $80. Kim agrees. Jay and Kim have (Points : 2) an express contract. 3. Barb allows Candy to enter Barb ’s warehouse and take a DVD player. Charged with theft‚ Candy can successfully claim‚ as a defense‚ (Points : 2) consent. 4. The U.S. Congress enacts a new federal statute that
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Final Exam PMBA 8030 TRACI’S SALON 1) Retail Hairstyling Industry Number of firms – many Entry conditions – easy Product type – few to many Conduct of firms – less aggressive Retail hairstyling industry is considered to be a monopolistic competition where there are many firms selling similar but not identical goods and services. In monopolistic markets‚ there are a large number of sellers and they can easily enter or leave the market. This is most common market in the U.S. economy‚ especially
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BUS 700 Problems in Financial Reporting Final Exam The answers to all questions should be in your own English words. However‚ I expect you to refer to authoritative accounting and financial reporting literature (FASB - Accounting Standards Codification and IASB - Unaccompanied IFRS. For IASB pronouncements you may need to go to Murphy Library or other sources to read the accompaniments to IFRS. There are 3 copies of IFRS 2009 in on reserve at Murphy. Most of the information in this edition
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BUS 475 Final Exam Copy this link to your browser and download: http://www.finalexamguide.com/BUS-475-Final-Exam-1-112.htm 1).These are selected account balances on December 31‚ 2008. What is the net amount of property‚ plant‚ and equipment that will appear on the balance sheet? 2) Which list below best describes the major services performed by public accountants? 3) The conceptual framework developed by the Financial Accounting Standards Board 4) In what situations will a static budget
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COURSE : ECONOMICS EXAMINATION : APRIL 2011 QUESTION 1 A) What is market equilibrium? With the aid of a diagram‚ explain how it is determined? (4marks) Answer: Market equilibrium is a situation in which the supply curve of an item is exactly equal to its demand curve. Since there is neither surplus nor shortage in the market‚ price tends to remain stable in this situation. Price D S E P S D 0 Q
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Student Name | | Connie Chesser | | | | Date | 9/16/2013 | | | | | | | | | | | | | | FINAL EXAM | FIN 415 Corporate Risk Management | Session 02/22/11 - 03/28/11 | | | | | | | | | | | | | Section I | | True or False (5 points) | | Enter T or F in yellow box | .5 points each. | | | Do not use | | | | | | | | | | | | | T | 1 | The art of risk management is to identify risks specific to an organization
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BUS 475 Final Exam Copy this link to your browser and download: http://www.finalexamguide.com/BUS-475-Final-Exam-3-227.htm 1) As Plant Controller‚ you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? 2) Managerial accounting __________
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MGT415 Final Name MGT415: Group Behavior in Organizations Instructor Date MGT 415 Final Jack Welch‚ the former Chairman and Chief Executive Officer of General Electric once said‚ “We know where most of the creativity‚ the innovation‚ the stuff that drives productivity lies - in the minds of those closest to the work” (Welch‚ J.‚ 2012). In every work environment there seems to always be some detractors from reaching the end result or end product. In a working world of a hundreds of millions
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BUS/475 Sample Final Exam 1. Which of the following is NOT an element of manufacturing overhead? a. Factory employee’s salary b. Depreciation on the factory c. Plant manager’s salary d. Factory repairperson’s wages 2. What accounts are NOT classified in the current assets section of the balance sheet? a. Cash b. Accounts payable c. Security deposits d. Inventory 3. The starting point of a master budget is the preparation
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to gain control of expenses and ordering practices. A business plan “allows entrepreneurs to replace sometimes-faulty assumptions with facts before making the decision to go into business. The planning process forces entrepreneurs to ask and then answer some difficult‚ challenging‚ and crucial questions” (Zimmerer‚ 2008 pg. 36‚ ph2). A business plan should state the purpose of the business‚ objectives; how financing options and how the business will become profitable. The business plan includes
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