Which of the following statements best indicates how chancery courts were different from law courts?
A) Chancery courts emphasized developing merchant laws rather than laws for the common citizen.
B) Chancery courts inquired into the merits of a case rather than emphasize legal procedures.
C) Chancery courts emphasized a standard set of remedies across different cases rather than provide equitable remedies.
D) Chancery courts had lower precedence level over legal decisions than the law courts.
B
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An error in the reported inventory will cause errors in all of the following EXCEPT
a. the balance sheet. b. the statement of owner's equity. c. the following year's financial statements. d. the cash account.
________ means that the retailer should know what to do to satisfy needs for the consumers in the segment.
A. Profitable B. Actionable C. Identifiable D. Reachable E. Substantial
Which one of the following statements is not true?
A) Depreciation is the process of allocating the purchase price of an asset minus its residual value to expense for each period benefited by the asset. B) The cost of an asset includes all acquisition costs necessary to obtain the benefits to be derived from the asset. C) The service life of an asset is the measure of the number of years of service expected from the asset before its disposal. D) The residual value of an asset is the difference between the expected book value of the asset at the end of its service and the costs of disposal.
Rachel, the HR manager of a large publishing company, is considering if she should appoint a group to improve on the company's present diversity plan. The goal is to increase the diversity of the company's workforce. Summarize the advantages and disadvantages of using group decision making in this situation.
What will be an ideal response?