In reality, are there a lot of international laws or very few? Discuss with regard to enforcement
There are many laws, treaties and agreements in existence, but the focus should be on the ability to enforce these laws. There is no way to enforce international laws on other sovereign countries other than by military invasion. The International Court of Justice merely has voluntary jurisdiction, so it is of little use in compliance and enforcement issues.
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When a company understates the cost of goods sold, what is the effect on the inventory turnover ratio?
a. The ratio might increase or decrease depending upon the amount by which it is understated. b. The ratio will decrease. c. No effect. d. The ratio will increase.
GBH, an accounting firm, was hired to prepare financial statements for E-treme. GBH A) cannot show the working papers to E-treme unless there is a valid court order
B) cannot show the working papers to E-treme unless it obtains permission from the AICPA. C) can show the working papers to anyone that asks, since the accountant owns them. D) must allow E-treme access to the working papers.
A radio commercial begins with the following line: "Our competitors think we can't sell furniture for so little money, but we want our customers to know that we work hard to bring you value for your dollar, and our prices are for real." The furniture store is using a(n) ________ appeal.
A. slice-of-life B. emotional C. functional D. one-sided E. refutational
A ________ has two separate chips embedded in the card, contact and contactless, which eliminates the need to carry multiple cards to support the various smart card readers and applications
A) dual-interface smart card B) multi-debit card C) hybrid smart card D) RFID card