Strict scrutiny is used by the U.S. Supreme Court to carefully scrutinize:
a. the First Amendment right of freedom of religion.
b. the right to engage in interstate travel.
c. the right to vote.
d. All of these are situations where strict scrutiny would be applied.
d
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Use the following data: Asset cost $80,000 Expected life 3 years Estimated salvage value $10,000 Using the sum-of-the-year's-digits method, the amount of depreciation for the first year would be
a. $26,666. b. $35,000. c. $20,000. d. $40,000.
Which of the following best describes the distinguishing feature of statistical sampling?
A. It reduces the problems associated with the auditor's judgment concerning materiality. B. It requires the examination of a smaller number of supporting documents. C. It permits the auditor to use the most efficient sample size and to quantify the sampling risk to reach a statistical conclusion about the population. D. It is evaluated in terms of two parameters: statistical mean and random selection.
Daniel conducted a contest to design a team logo with the members of his team. He then had t-shirts made with the winning logo on them. Finally, he encouraged his team members to wear these t-shirts every Friday. In which stage of team development is Daniel’s team most like to be?
a. forming b. storming c. norming d. performing
The manner of reporting cash flows from investing and financing activities will be different under the direct method as compared to the indirect method
Indicate whether the statement is true or false