When Maja, an attorney and a U.S. citizen, crosses the border between the United States and Canada, she expects the U.S. Department of Homeland Security to search her laptop. To avoid disclosing confidential client data during the search, Maja could
a. keep client files on a device that she does not take abroad.
b. carry client files abroad only in hard copy.
c. refuse to consent to a border search of her laptop.
d. assert her right to be free from unwarranted government intrusion.
A
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Which cells have the wrong formula to calculate some items associated with the cash flows from operations?
I. cell B8
II. cell B9
III. cell B10
IV. cell B11
a) I and III
b) II and IV
c) I, II, and III
d) II, III, and IV
e) I, II, III, and IV
When a firm uses the par value method to account for treasury shares, ________________. The par value method requires specific identification of the date and initial proceeds of the shares repurchased, which is why firms seldom use this method
a. the accountant debits the Treasury Stock—Common account for the par value of the repurchased shares, debits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Retained Earnings for any difference between the repurchase price and the original issue price. b. the accountant debits the Common Stock account for the par value of the repurchased shares, debits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Retained Earnings for any difference between the repurchase price and the original issue price. c. the accountant debits the Common Stock account for the par value of the repurchased shares, credits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Retained Earnings for any difference between the repurchase price and the original issue price. d. the accountant debits the Retained Earnings account for the par value of the repurchased shares, credits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Common Stock account for any difference between the repurchase price and the original issue price. e. the accountant debits the Retained Earnings account for the par value of the repurchased shares, debits Additional Paid-In Capital for the difference between the original issue price of the shares and par value, and plugs Common Stock account for any difference between the repurchase price and the original issue price.
Which of the following limitations does NOT apply to the government in civil proceedings to take a person's liberty or property?
a. Procedural Due Process b. The Takings Clause c. Substantive Due Process d. The Equal Protection Clause
A fraudulent transfer made more than one year prior to filing cannot be avoided by the trustee
a. True b. False Indicate whether the statement is true or false