Which of the following is true about a motion?
a. After the jury has returned a verdict, the defendant cannot file motions to have the verdict set aside.
b. The motion is usually an objection to the plaintiff's complaint that points out defects of the case and asks for a specific remedy.
c. A defendant may file a motion for summary judgment only after a case goes to trial.
d. The motion explains the alleged violation of the law and the monetary expenses or damages sought in the case.
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
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In 2016, the Puerto Rios Company received insurance proceeds of $300,000 payable upon the death of its previous top executive officer. For financial reporting purposes, Puerto Rios included the $300,000 in pretax accounting income. The life insurance proceeds are exempt from income taxes. Assuming an income tax rate of 35%, what should Puerto Rios report for this event as deferred income taxes in
the 2016 income statement of ? A) $0 B) $105,000 deferred tax asset C) $105,000 deferred tax liability D) $195,000 deferred tax liability
Answer the following statements true (T) or false (F)
1. Internships are only beneficial if the intern is hired by the company. 2. Simulation training can be used to prevent failures where the consequences are too great, like a new front desk employee checking in two guests in the same room. 3. E-learning has been proven to be less effective than traditional methods and not cost-effective. 4. Mentorship is basically apprenticeship for executives. 5. Many hotels require general managers to have a full range of experience throughout many departments before being eligible for promotion.
The burden of proof in a criminal case is:
A) by the greater weight of the evidence. B) beyond a reasonable doubt. C) by a preponderance of the evidence. D) none of the above.
On October 1, Year 1, Tankard Company borrowed $45,000 from the bank and issued a note for that amount. The note had a one-year term and an annual interest rate of 8%.Required:a) Prepare the journal entry to record the issuance of the note.b) Compute the amount of interest expense that will be shown on the Year 1 income statement.c) What is the total amount of cash that will be paid to the bank at the maturity of the note on October 1, Year 2?d) Prepare the liabilities section of the balance sheet at December 31, Year 1.
What will be an ideal response?