An example of an "exception routine" is a(n):
a. back order process
b. inventory subroutine
c. customer acknowledgement process
d. sales order processing process
A
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A defense in which the defendant admits to doing an act but claims some reason for not being held responsible, such as insanity, self-defense, intoxication, or coercion, is known as a(n) ________ defense
A) affirmative B) plausible C) rebuttal D) prima facie
Under the Uniform Limited Partnership Act of 2001, ________ may participate in the management of the limited partnership business and have limited liability status.
A. general partners B. limited partners C. limited partners and general partners D. no partners
If a person is accused of a crime, things they tell the arresting officers may be used as evidence against the accused
a. True b. False Indicate whether the statement is true or false
On January 1, 20X7, Pisa Company acquired 80 percent of Siena Company by purchasing 40,000 shares of Siena's common stock. There was no differential related to this transaction. The noncontrolling interest had a fair value equal to 20 percent of book value. The book value of Siena on December 31, 20X7 was as follows: Common Stock ($10 par value)$500,000 Retained Earnings 350,000 Total$850,000 On January 1, 20X8, Pisa purchased an additional 12,500 shares directly from Siena for $25 per share.Based on the preceding information, what is Pisa's new ownership interest?
A. 84 percent B. 64 percent C. 70 percent D. 55 percent