All of the following are true with regards to civil law EXCEPT:
a. to be successful, the plaintiff in a civil case must prove his or her case only by the "preponderance of the evidence.".
b. litigating a civil fraud case usually begins when a client in a case of alleged fraud approaches an attorney.
c. it begins when one party files a claim for restitution from another, usually for the purpose of gaining financial restitution.
d. before a perpetrator is convicted civilly, he or she must be proven guilty "beyond a reasonable doubt.".
d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct. Before a perpetrator is convicted criminally, he or she must be proven guilty "beyond a reasonable doubt.".
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Many companies assign only the net invoice price for merchandise to inventory and cost of goods sold. All other costs, including transportation and other costs of bringing merchandise to the place of business, are charged to expense of the period in which they are incurred. Which accounting principle or concept is applied in this example?
a. Historical cost b. Matching c. Cost/Benefit d. Conservatism
The primary objective of financial accounting is to:
A. Serve the decision-making needs of internal users. B. Provide information on both the costs and benefits of looking after products and services. C. Know what, when, and how much product to produce. D. Provide accounting information that serves external users. E. Monitor consumer needs, tastes, and price concerns.
Each object has ________ or data and ________ or behavior
a) properties, attributes b) attributes, properties c) attributes, methods d) methods, attributes
The use of encryption and authentication protocols is the standard method of countering attempts to alter or insert transmissions
Indicate whether the statement is true or false.