Which of the following is true of special federal courts?
A) They have unlimited authority and command.
B) They have jurisdiction limited by Congress.
C) They are the largest class of federal courts.
D) They are also known as courts of appeals.
B
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The manager of Center A of Harry International is responsible for generating cash inflows and incurring costs with the goal of generating returns for the company. The manager has no responsibility for assets. What type of responsibility center is Center A?
A) Cost center B) Discretionary cost center C) Profit center D) Revenue center
Failure to assign ownership occurs in which of the following situations?
a. when someone makes significant contributions to a product design without a formal agreement of who owns the idea b. only when someone makes a significant contribution and is not paid for the contribution c. only when someone makes a significant contribution and is paid for the contribution d. when someone fails to place the company name on the patent
What is left of income after paying for taxes and paying for necessities?
A. deductible income B. real income C. discretionary income D. net income E. gross income
Physical destruction of a will is revocation of that will
Indicate whether the statement is true or false