Which assertion for ending inventory is most likely violated if the gross profit percentage is much greater than last year?

A. Existence.

B. Completeness.

C. Rights and obligations.

D. Valuation and allocation.


B. Completeness.

Business

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During a screening interview, your best approach is to

A) ask as many questions as possible. B) keep your answers short, but offer key points that set you apart from other candidates. C) expand on your answers as much as possible so that the interviewer knows you are at ease. D) keep as low a profile as you can; this is not the time to try to differentiate yourself from other candidates. E) ask for feedback on how you compare to other candidates.

Business

Which of the following cases stated that, "If an agency considers all of the relevant factors so that a court can satisfy itself that the agency has actually exercised its discretion, an agency's decision to refrain from investigation is

unreviewable…"? a. Chevron, U.S.A., Inc. v. Natural Resources Defense Council, Inc. b. Brock v. Roadway Express, Inc. c. Gonzalez v. Reno d. General Motors v. Federal Energy Regulatory Commission

Business

Under the common law, in order to be enforceable, a modification of an existing contract must be supported by mutual consideration

a. True b. False Indicate whether the statement is true or false

Business

A compilation of statutes grouped to gather is called a(n)

a. code. b. constitution. c. treaty. d. unwritten law.

Business