Criminal sanctions for accountants are limited to punitive fines
Indicate whether the statement is true or false
False
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Which is the best example of a decentralized operation?
A) One owner who prepares plans and makes decisions for the entire company. B) Each unit is responsible for their own operations and decision making. C) In a major company, operating decisions are made by top management. D) None of the above. All are examples of a centralized management.
The term ____ refers to program code that resides on the user machine.
A. client-side B. client/server C. two-tier D. server-side
Lori and Dan own a small restaurant as partners. Dan works several hours a day cooking, waiting on tables, doing the books, and so forth. Dan believes he is entitled to be paid at least a standard wage for all his work since, at the present time, the part-time kitchen helpers earn more than he does! Lori claims Dan is not entitled to anything other than one-half the net profits. Is Lori right?
a. Yes. The UPA states a partner may not collect a "wage" from the partnership business under any circumstances. b. Yes, if there is no agreement between Lori and Dan allowing for either of them to be paid wages for work done at the restaurant. c. No. Dan may collect only minimum wage, as required by federal law. d. No. Dan may collect a fair wage for the work he has performed.
A survey on the average pass percentage achieved by four of the top-ranked colleges of a city for five different years was conducted to rate the quality of teaching in each of these colleges.
CollegesYear 1 Year 2 Year 3 Year 4 Year 5 College 165 67 63 68 70 College 270 75 77 82 75 College 388 95 90 97 98 College 455 57 53 59 55 a. Construct a line chart for the time series data for years 1 through 5 showing the average pass percentage in each college. Show the time series for all four colleges on the same graph.b. What does the line chart indicate about the average pass percentage of the colleges between years 1 through 5? Discuss.c. Construct a clustered column chart showing average pass percentage in each college using the years 1 through 5 data. Represent the years along the horizontal axis, and cluster the average pass percentages for the four colleges in each year. Which college is leading in each year? What will be an ideal response?