Define and explain the various administrative functions a paralegal will encounter in a law firm
What will be an ideal response?
A good answer will discuss and explain conflict checking, time keeping, billing, and filing.
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Who are the major external stakeholders for a public relations department to consider?
What will be an ideal response?
ABC bottling is struggling financially. They may choose to outsource some of their operations overseas in order stay in business and retain most of their U.S. workforce. The downside of this decision will need to layoff dozens of employees. Which ethical decision-making approach is exemplified in this scenario?
A. utilitarian B. objective C. rights D. justice
Which of the following lease conditions would result in a capital lease to the lessee?
A) The lessee will return the property to the lessor at the end of the lease term. B) The lessee obtains enough rights to use the asset and is in substance the owner. C) The leased asset is not capitalized on the balance sheet. D) The lease term is 70% of the property's economic life.
Sammy Company is considering eliminating its commercial division. The company allocates fixed costs based on division sales. If the commercial division is dropped, $100,000 of the fixed costs allocated to it could be eliminated. The impact on Sammy's operating income from eliminating the commercial division would be: Garden Farm Commercial Sales$678,000 $920,000 $692,000 Variable costs 372,900 414,000 649,800 Contribution margin 305,100 506,000 42,200 Fixed costs 247,200 335,500 252,400 Net income (loss) 57,900 170,500 (210,200)
A. $10,200 decrease B. $15,000 increase C. $57,800 increase D. $57,800 decrease E. $45,000 increase