Tony raped Jane in the parking lot of Joe's Brew Pub. The District Attorney's office prosecuted Tony on rape charges. Subsequently, Jane filed a lawsuit against Tony for money damages. Classify each legal action
a. The District Attorney's case was a criminal case; Jane's lawsuit was a civil case.
b. The District Attorney's case was a civil case. Jane's lawsuit was a criminal case.
c. Both cases are criminal.
d. Both cases are civil.
a
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When a partner retires from the business, the partner's interest may be purchased by one or more of the remaining partners or by an outside party
a. True b. False Indicate whether the statement is true or false
Which of the following advises and assists the cost center, profit center, and investment center managers in preparing the budget?
a. the financial reporting officer b. the budgeting department c. the treasurer d. the managerial reporting officer
The U.S. government, in the year 2010, passed the _____ Act to prevent financial institutions from engaging in activities that can lead to financial crisis.
A. Financial Institutions Reform, Recovery, and Enforcement B. Dodd-Frank Wall Street Reform and Consumer Protection C. Gramm-Leach-Bliley D. Glass-Steagall
Which individual listed is most likely to commit financial statement fraud in order to benefit an organization?
a. an executive b. an internal auditor c. a floor manager (line supervisor) d. the company Treasurer