To begin the litigation process, the plaintiff must first:

a. give notice to the defendant by service of process b. determine in which court to bring the action
c. serve the defendant with the complaint d. make a motion for a pleading
e. request a pre-trial hearing before a judge


b

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Wishing to think and act rich like the spokesperson in an advertisement, is a form of:

A) empathy B) intent to purchase C) identification D) attractiveness

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Which is the place where you decide that you should stop the negotiation rather than continue, because any settlement beyond this point is not minimally acceptable?

A. target point B. utility point C. position point D. resistance point

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Which of the following controls is not a typical internal control over fixed assets?

a. Reconcile physical inventory with the property ledger. b. Periodically reassess the appropriateness of depletion categories. c. Identify obsolete or scrapped equipment and write it down to scrap value. d. Periodically review management strategy and systematically assess the impairment of assets.

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A tabulation of invoices at the end of the day showed $1,600 in MasterCard invoices, which were deposited into a bank account at full value, less a 5 percent discount. The entry to record the above events would include an increase in

A) Accounts Receivable for $1,520. B) Cash for $1,600. C) Sales for $1,520. D) Credit Card Expense for $80.

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