The aspect of internal investigation that has instigated the greatest amount of litigation is:

a. substance abuse.

b. drug testing.

c. system administration.

d. genetic testing.


b

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The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organizing the corporation includes a credit to

a. Organizational Expenses b. Goodwill c. Common Stock d. Cash

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The belief that the best theories are found in the results of systematic study (inductive theory) is also known as ______.

A. cognitive dissonance B. grounded theory C. social comparison theory D. deduction

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Describe the accounting for a fair value hedge of a recognized asset or liability

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Cathy's car hit a patch of ice on the road. The car skidded off the road and hit a tree. The presence of ice on the road is best described as a(n)

A) peril. B) subjective risk. C) physical hazard. D) indirect loss.

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