Reformation is
a. a type of restitution.
b. the most common of all remedies.
c. a form of quasi-contract.
d. the least common of all remedies.
d
You might also like to view...
Which of the following situations has the best chance of being detected when a CPA computes the ratio of repairs and maintenance expense to the related property, plant, and equipment accounts, compares to prior years' ratios, and investigates all changes exceeding a fixed percentage?
A. Because of worsening economic conditions, the current year provision for uncollectible accounts was inadequate. B. The cashier began lapping accounts receivable in the current year. C. The company is failing to capitalize major repairs that increase the useful life of equipment. D. Depreciation has not been taken on some assets.
The proper command sequence using your XL Data Analyst to generate a confidence interval for a percentage is:
A) ANALYZE; GENERATE; CONFIDENCE INTERVAL; PERCENTAGE B) ANALYZE; COMPARE MEANS; CONFIDENCE INTERVAL; MEAN C) ANALYZE; COMPARE TWO PERCENTS; CONFIDENCE INTERVAL D) GENERALIZE; CONFIDENCE INTERVAL; PERCENTAGE E) ANALYZE; DESCRIPTIVES; CONFIDENSE INTERVAL
In firms with multiple SBUs, the first step in strategic planning is for top management to ________
A) recruit and hire the right personnel B) examine historical data C) establish a mission for the entire corporation D) allocate resources to the company's various SBUs E) establish marketing's short-term objectives
A project is accepted under the net present value method when
a. the percentage return is greater than a predetermined minimum percentage. b. total net cash inflows exceed the purchase price of the asset. c. the purchase price of the asset is less than the present value of net cash inflows. d. the present value of net cash inflows exceeds a predetermined minimum amount.