Which of the following is NOT true regarding the plea of nolo contendere?
a. It means that the defendant contests the charges.
b. For the purposes of criminal proceedings, it is equivalent to a guilty plea.
c. It cannot be introduced at a subsequent civil trial.
d. It may be used by corporate defendants who anticipate civil suits based on the same activity for which they face criminal charges.
a
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What will be an ideal response?
The maximum number of shares a company may issue are ______________________________
Fill in the blank(s) with correct word
A small stock dividend should be recorded on the basis of
a. par or stated value. b. original issue price. c. market value. d. cost.
For work done during August, Printing Press Company incurred direct materials costs of $151,000 and conversion costs of $250,000 . The company employs a traditional operating philosophy. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,000 of costs, and the ending balance of the Finished Goods Inventory account was $3,000 . There were no
beginning inventory balances. How much was charged to the Cost of Goods Sold account during August? a. $401,000 b. $400,000 c. $398,000 d. $397,000