Why should the client's legal expenses be examined?
a. To compare with previously released attorney's letters.
b. To determine the types of fraud occurring in the organization.
c. To ensure proper recording of vendor payables.
d. To determine if there is any litigation pending or threatened.
d
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A retailer could misread a demand signal doubling its normal order and the wholesaler could respond and also double its order resulting in four times the retail order. This is an example of the ______________________________ effect
Fill in the blank(s) with correct word
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a. true b. false
Trademarks that have become generic names are protected under federal trademark law
Indicate whether the statement is true or false
Claudia refinances her home mortgage on June 1 of the current year. She obtains a 30-year mortgage at 5%. As part of the refinancing, she pays points of $3,600 (a customary practice in her location). What amount, if any, of the points are deductible?
A) $0 B) $70 C) $120 D) $3,600