Carol files a suit against Andy in a state trial court and loses. Carol
a. cannot take her case any higher in the court system.
b. can insist that the United States Supreme Court hear her case.
c. can plead her case before an appellate court.
d. can plead her case before a small claims court.
c
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Firms with an independent internal audit staff may conduct tests of the system development life cycle on an ongoing basis
Indicate whether the statement is true or false
A ________ is a product formula, pattern, design, compilation of data, customer list, or other covert business information.
A. copyright B. trade secret C. trademark D. patent
Milot Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for April. Fixed Element per MonthVariable Element per Well ServicedActual Total for AprilRevenue $3,800$112,900Employee salaries and wages$41,400 $900$69,500Servicing materials $500$15,100Other expenses$29,600 $30,200?When the company prepared its planning budget at the beginning of April, it assumed that 32 wells would have been serviced. However, 29 wells were actually serviced during April.?The activity variance for total expenses for April would have been closest to:
A. $4,200 U B. $1,000 U C. $1,000 F D. $4,200 F
Generally, deductions for adjusted gross income on an individual's tax return include all the following types of expenses except those
A. incurred in the production of rent income. B. incurred in the production of royalty income. C. incurred in a trade or business. D. incurred in gambling activities.