Which of the following statements is true of alternative dispute resolution?
A) Parties using alternative dispute resolution are likely to face adverse publicity.
B) Alternative dispute resolution is generally more expensive than litigation.
C) Alternative dispute resolution generally leads to loss of confidentiality and trade secrets.
D) Alternative dispute resolution methods are less time-consuming, and the formal-hearing times and places can be set to accommodate the parties.
D
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In a particular country, the wealthy have a lot of control over resources and strong influence in government. A large percentage of the population is poor and has relatively little control over the course of their lives, but both sides seem to accept this as the way of things. Based on the value continuum described by Geert Hofstede, this is probably a(n) ______ culture.
a. collectivist b. high power distance c. low uncertainty avoidance d. indulgent
On January 1, Year 1, Li Company purchased an asset that cost $120,000. The asset had an expected useful life of five years and an estimated salvage value of $24,000. Li uses the straight-line method for the recognition of depreciation expense. At the beginning of the fourth year, the company revised its estimated salvage value to $12,000. What is the amount of depreciation expense to be recognized during Year 4?
A. $50,400 B. $25,200 C. $31,200 D. $19,200
Determine whether the items would be fixtures or personal property. ?Display cases in a department store
A) Trade fixture B) Fixture C) Personal property of the department store D) Both a and c
A cash dividend may be paid out of paid-in surplus
Indicate whether the statement is true or false