A contract that requires a person to commit a tort will be enforced by the courts
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following may not be viewed as an attempt to manage and control time?
A) Withdrawing from others B) Skipping meals C) Sleeping less to work more D) Spending less time with family
Which of the following questions would be the least likely to be asked during a process audit?
A. Are employees making more money than in the past? B. Are employees actually working together, or is 'team' just a label? C. Is training developing the knowledge/skills employees need? D. Are employees rewarded for good performance and useful suggestions?
Nuptial, Inc. paid the rent for the current month in cash. Which of the following accounts will be used to record the transaction?
A) Prepaid Rent B) Rent Payable C) Rent Revenue D) Rent Expense
Nobells Corp. has acquired land and paid $500 as brokerage to acquire the land. However, the company's accountant has recorded the $500 as a revenue expenditure. What is the effect of this error?
A) Net income is understated by $500. B) Liabilities are overstated by $500. C) Revenue is overstated by $500. D) Assets are overstated by $500.