Describe how a criminal case is commenced. What are the various stages in the proceeding? Be sure to use the correct terminology
A criminal prosecution usually begins with an arrest. After arrest, the accused is booked and appears before a magistrate, commissioner, or justice of the peace where he is given formal notice of the charges against him, is informed of his rights, and has bail set. Next a preliminary hearing is held to determine whether there is probable cause to believe that a crime has been committed and that the defendant is the one who has committed it. There may also be an indictment or an information. A grand jury issues an indictment or true bill if it finds sufficient evidence to justify a trial. An information is a formal accusation of a crime brought by a prosecuting officer, not a grand jury. At the arraignment, the accused enters a plea. If he pleads not guilty, a date for either a jury trial or a bench trial is set.
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Recently, companies have been ordered by governmental agencies to clean up environmental damages caused by business operations. How should costs incurred in these situations be treated?
a. If a legal obligation exists, the cost of restoring the property must be added to the asset account. b. As an expense entirely in one accounting period. c. As an amortized expense in the period the cost is incurred. d. Added to the asset, and then depreciated over 15 years.
Explain why the selling orientation was popular during the period following World War II
What will be an ideal response?
Which of the following statements is true of adverse possession?
A) Adverse possession requires the delivery of a deed. B) Adverse possession is applicable on all property including those owned by federal and state governments. C) Adverse possession requires continuous and uninterrupted occupancy of the property for the required statutory period. D) Adverse possession covers only voluntary occupancy obtained with the express or implied permission of the owner.
On January 1, Year 1 Missouri Co. purchased a truck that cost $57,000. The truck had an expected useful life of 10 years and a $6,000 salvage value. Missouri uses the double declining-balance method. What is the amount of depreciation expense recognized in Year 2?
A. $10,200 B. $9,120 C. $11,400 D. $8,160