Which of the following doctrines excuses an injured claimant who can show that a product was defective when it left the hands of the defendant from having to prove that the defendant caused the defect?
A. the Mackay doctrine
B. the doctrine of negligence per se
C. the doctrine of privity
D. the doctrine of res ipsa loquitur
D
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Accountants often prepare work sheets at the end of an accounting period in place of financial statements
a. True b. False Indicate whether the statement is true or false
In a sound internal control system, all cash receipts should be deposited daily intact
a. True b. False Indicate whether the statement is true or false
Under SFAC No. 8, which of the following are aspects of relevance?
a. Comparability and understandability b. Timeliness and comparability c. Representational faithfulness and decision usefulness d. Predictive value and confirmatory value
A system that plots data on control charts and graphs to identify and pinpoint problem areas is called
a. statistical quality control. b. statistical process control. c. quality circles. d. inspection circles. e. avoidance software.