According to the United Nations Conference on Trade and Development, what percentage of China's GDP in 2009 was attributed to the trade sector?
A) 70%
B) 60%
C) 65%
D) 50%
Answer: D
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The Bankruptcy Fraud section of the Bankruptcy Code, as it relates to criminal fraud, makes it a crime to do which of the following in executing or concealing a fraud scheme?
a. File a bankruptcy petition b. File a document in a bankruptcy proceeding c. Make a false or fraudulent representation, claim, or promise with respect to a bankruptcy proceeding d. All of the above
When implementing tools and technology ____.
A. it is better to implement technology as a one-time cost so that the service desk doesn't exceed its budget and have to ask for a variance B. organizations should strive to implement the most sophisticated technology that their budgets will allow so customers will be more productive C. it is more important to get the technology installed properly than to define the roles of the people who will be using it D. ongoing maintenance activities, such as installing upgrades and additional memory, and training must be performed in a timely fashion
What are the arguments for and against the extensive use of the Racketeer Influenced and Corrupt Organizations Act (RICO)?
What will be an ideal response?
Manhattan Company recorded an adjusting entry to accrue interest owed of $1300 as of December 31, Year 1. When the related note was paid during Year 2, the company paid $2450 in interest. Which of the following journal entries correctly records this Year 2 transaction? (Assume that the entry to record the payment of the note itself was recorded in a separate journal entry.)
A.
| Interest expense | 2450? | |
| Cash | 1300? | |
| Interest payable | 1150? |
B.
| Interest expense | 1150? | |
| Interest payable | 1300? | |
| Cash | 2450? |
C.
| Interest expense | 2450? | |
| Cash | 2450? |
D.
| Interest expense | 1150? | |
| Cash | 1150? |