Why is it important that a paralegal have a basic understanding of accounting principles?
What will be an ideal response?
A good answer will include a recognition that a paralegal may be asked to maintain accounting records in a firm for general checking accounts, payroll accounts, and trust accounts. Paralegals also are used to assist with billing, disbursements, and retainers. It is imperative that paralegals have a basic understanding of accounting rules.
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General obligation bonds are backed by the:
A. revenue generated from the project in which the bond proceeds are invested. B. government's ability to tax its citizens. C. penalty collected from the earlier repayment of a certificate of deposit. D. increase in the coupon rate due to inflation adjustment. E. additional principal received from exchange rate fluctuations.
A(n) ________ is a firm that has extensive involvement in international business, owning or controlling facilities in more than one country
Fill in the blanks with correct word
An accountant's liability under the federal securities laws is basically the same as the liability at common law
Indicate whether the statement is true or false
________ is also called negative reinforcement.
Fill in the blank(s) with the appropriate word(s).