Which of these is a basis by which a federal court may have jurisdiction to hear a case?

A. Federal question
B. State question
C. Homogenous citizenship
D. Police powers


Answer: A

Business

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Using the Direct Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the direct method. When using the direct method, where is the purchase of equipment for cash shown on the statement of cash flows?

A) Operating activity B) Investing activity C) Financing activity D) Noncash investing and financing activity

Business

In a derivative lawsuit, any proceeds awarded by the court must be paid to the corporation, not the shareholders themselves.

Answer the following statement true (T) or false (F)

Business

A title search and a title insurance policy mean the same thing

Indicate whether the statement is true or false.

Business

During the data cleanup process that can occur after the books are closed, which transactions are NOT summarized

What will be an ideal response?

Business