The ________ holds that a new state coming into existence through decolonization is under no obligation to succeed to the treaties of its former colonial power
A. doctrine of incorporation
B. declaratory doctrine
C. Clean slate doctrine
D. constitutive doctrine
C
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Oregon Company Adjusted Trial Balance For the Year ended December 31, 2016 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Capital Stock 12,940 Dividends 790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 ______
Totals $28,890 $28,890 Determine the net income (loss) for the period. a. Net Loss $5,570 b. Net Income $3,180 c. Net Loss $790 d. Net Income $2,390
If the auditor believes that there is a remote probability that resolution of an uncertainty will have a material effect on the financial statements, which of the following would the auditor issue?
a. A disclaimer of opinion. b. A standard unqualified opinion. c. An adverse opinion. d. An unqualified opinion with explanatory paragraphs.
In an accounting context, which of the following represents the degree of consensus among measurers in situations where a given group of measurers having similar instruments and constraints group measures the same attribute of a given object?
a. Bias b. Equality c. Objectivity d. Impartiality
Robert is the CEO of a small firm which manufactures inverters. Company sales have been increasing, and Robert finds it increasingly difficult to manage the salespeople. The company has a sufficient number of salespeople, but they are not able to reach all current and potential customers. Robert also has difficulties in evaluating the performance of salespeople. What advice can you give Robert?
A. Robert can ask the salespeople to work overtime to obtain better coverage. B. Robert can ask salespeople to report directly to him, and he can use the authoritative management style. C. Robert can appoint more supervisors for managing and evaluating the sales force. D. Robert can manage the salespeople by assigning each of them to different groups of customers. E. Robert can hire more salespeople to have better sales coverage.