Resources Recovery, Inc., uses dynamite in its remote mining operations. Sabrina stores household cleaners in his suburban garage. Most likely liable under the doctrine of strict liability for any injury caused by an abnormally dangerous activity is
A. neither Resources Recovery nor Sabrina.
B. Resources Recovery and Sabrina.
C. Resources Recovery only.
D. Sabrina only.
Answer: C
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Under IFRS, if inventory is written down to a new lower market value, this cannot be reversed in later periods
a. True b. False Indicate whether the statement is true or false
All of the following tests of controls will provide evidence that adequate computer virus control techniques are in place and functioning except
a. verifying that only authorized software is used on company computers b. reviewing system maintenance records c. confirming that antivirus software is in use d. examining the password policy including a review of the authority table
Which of the following best describes a similarity between Costco and Walmart?
A) Both are warehouse clubs. B) Both target the same affluent market. C) Both are specialty stores. D) Both use everyday low pricing. E) Both are examples of merchant wholesalers.
A balanced scorecard
a. records the variances between budgeted and actual revenues and expenses. b. can be used at multiple organizational levels by redefining the categories and measurements. c. is most concerned with organizational financial solvency and business processes. d. all of the above.