Stanziano Construction needs a backhoe to complete a project. If it pays Hofmann Rentals for temporary use of the equipment, the transaction will be governed by
a. Article 2 of UCC.
b. Article 2A of the UCC.
c. Article 3 of the UCC.
d. bulk transfer law.
b
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According to the text, why is the accounts receivable turnover ratio widely used in analyzing revenue-related fraud?
a. Significant amounts of fictitious revenues and receivables will almost always affect this ratio except in rare cases. b. Adding fictitious receivables will generally decrease the number of days it takes to collect receivables. c. If the ratio generally exceeds 1, recording fictitious sales will significantly increase the ratio, making it easy to spot fraud. d. Since the ratio should ideally equal to 1, any deviation from this number is easy to detect.
If the Cash Dividends Payable account had a beginning balance of $4,000 and an ending balance of $4,500, and cash dividends of $8,000 were declared, $7,500 would appear on the statement of cash flows as a $7,500 outflow of cash from a financing activity
Indicate whether the statement is true or false
A(n) PRAGMAstatement instructs Oracle to use some additional information provided when compiling and executing a block.
Answer the following statement true (T) or false (F)
In the Stern v. Marshall case discussed in the text, the U.S. Supreme Court addressed whether a counterclaim for tortuous interference with an expected gift, filed in response to a bankruptcy claim for defamation, was a core matter subject to the jurisdiction of the bankruptcy court. And if it was a core matter subject, did the authority conferred upon the bankruptcy court violate Article III of
the U.S. Constitution? How did the Court rule? a. The Court ruled that the tortuous interference counterclaim was a core proceeding but that the bankruptcy court lacked the constitutional authority to enter a final judgment on the claim. b. The Court ruled that the tortuous interference counterclaim was a core proceeding and that the bankruptcy court had the constitutional authority to enter a final judgment on the claim. c. The Court ruled that the tortuous interference counterclaim was not a core proceeding and that the bankruptcy court lacked the constitutional authority to enter a final judgment on the claim. d. The Court ruled that the tortuous interference counterclaim was a core proceeding in part and that the bankruptcy court had the constitutional authority to enter a final judgment on portions of the claim.