Alicia, talking on her cell phone, foolishly runs off the road and over Eduardo's foot. The tort that Eduardo will most likely initiate is:

a. battery b. assault
c. negligence
d. emotional distress
e. none, since Alicia's action was innocent


c

Business

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Revenues are recognized when

A) net assets increase or decrease as a result of any company activity. B) net assets increase or decrease as a result of primary operating activities. C) net assets increase as a result of any company activity. D) net assets increase as a result of primary operating activities.

Business

______ can be defined as the probability that a component, product, or system can perform its intended function over a period of time under a given set of normal operating conditions of use.

A. Reliability B. Maintainability C. Availability D. Redundancy

Business

A cash dividend that is declared during an accounting period, to be paid in the next accounting period, may be presented in the statement of cash flows in which of the following ways?

a. A use of cash from operating activities b. A noncash transaction presented in a separate schedule c. A use of cash from financing activities d. A use of cash from investing activities

Business

The total on the "Supplier balance summary report" at January 31 should equal

A) the sum of the accounts payable and notes payable controlling accounts totals at January 31 B) the total of the purchases journal on January 31 C) the amount reported in the post-closing trial balance at January 31 for Accounts Payable D) the balance in Accounts Receivable at January 31

Business