Tate brings an action against Marsheen for damages from trespass to Tate's property. Tate must prove the case by a preponderance of the evidence
a. True
b. False
Indicate whether the statement is true or false
True
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Petra, who is the CEO of a shoe retailer, needs to make a tough decision on whether to close 3 of the 200 stores that are unprofitable. Closing the stores will mean laying off 45 employees right before the holiday season. Leaving the communities also means that local people will have no place to purchase reasonably priced shoes and sneakers. Use the decision tree to recommend what Petra should do. Be sure to consider each of the steps.
What will be an ideal response?
What are some of the steps you should take to ensure the success of an interview?
What will be an ideal response?
Notes to the Year 2 financial statements of Care Corporation indicate that income tax expense of $3,000 comprises $2,000 currently payable taxes and $1,000 deferred to future periods. Care Corporation made the following entry during Year 2 to recognize income tax expense: Income Tax Expense . . . . . . . . . . . . . . 3,000 Income Tax Payable . . . . . . . . . . . . . . . . . . . . . . . . 2,000
Deferred Income Taxes Payable . . . . . . . . . . . . . . . 1,000 The $1,000 of deferred income taxes reduced net income but did not require a cash outflow during Year 2 . To explain the change in the Deferred Income Taxes account, the T-account work sheet must. a. subtract deferred income taxes from net income to derive cash flow from operations. b. add back deferred income taxes to net income to derive cash flow from operations. c. add back deferred income taxes to net income to derive cash flow from financing. d. subtract deferred income taxes from net income to derive cash flow from financing. e. add back deferred income taxes to net income to derive cash flow from investing.
Audit Command Language (ACL): I. is an open source data analysis toolkit which utilizes "detectlets" to discover specific indicators. II. has been adopted by most major accounting firms as a platform for data analysis
a. I only b. II only c. I and II d. Neither I nor II