Which of the following statements is true of a socialist law system?
A) It is designed to preserve the authority of the state over agricultural land.
B) It is designed to enable private ownership of all means of production.
C) It prohibits earning interest on money.
D) It tends to put great emphasis on private law.
A
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Which of the following statements is true of the presentation of testimony?
A. A defendant's attorney may cross-examine each of the plaintiff's witnesses, trying to raise doubts as to the person's credibility or trustworthiness. B. A defendant's attorney may conduct a redirect examination to clarify the plaintiff's view of the facts. C. Under direct examination, each witness is sworn and then examined by the defendant's attorney. D. During a witness's testimony, the opposing attorney cannot object to the presentation of certain evidence.
A company would most likely use the Porter analysis for which of the following?
A) to determine whether or not to expand a brand into a new market segment B) to assess employee understanding of and commitment to company values C) to identify shifting cultural values relevant to the company's products D) to identify lobbying efforts with the highest likelihood of success E) to influence social movements relevant to the company's brands
Which of the following statements associated with traditional overhead allocation is true?
A) A traditional overhead allocation method is the most accurate in automated environments with diverse products. B) A traditional overhead allocation method can also be referred to as activity-based costing. C) A traditional overhead allocation method provides the most accurate product cost information. D) A traditional overhead allocation method usually uses one or two volume-based cost drivers.
Which of the following accounts would appear in a balance sheet of a manufacturing company?
a. cost of goods sold, finished goods and work in process b. cost of goods sold, cost of goods manufactured and gross margin c. raw materials, work in process and cost of goods sold d. raw materials, work in process and finished goods e. None of these accounts would appear on a balance sheet.