Which of the following statements best illustrates the use of critical thinking skills by a lawyer?

A) A lawyer raises a courtroom objection when her opponent engages in critical commentary about an opponent without prior permission of the judge.
B) A lawyer develops a closing argument using visual aids that is likely to impress a jury comprised of ordinary citizens.
C) A lawyer approaches a difficult problem by gathering all relevant facts, determining the real issue in dispute, and applying reason to reach a conclusion.
D) A lawyer scientifically analyzes the handwriting of a defense witness to determine the potential for bias.


C

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Which of the following would not be a component of pension expense?

A) prior service cost amortization B) interest cost C) deferred compensation D) return on assets

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In societal marketing, the ideal goal for companies is to turn all of their products into ________ ones

A) salutary B) desirable C) pleasing D) durable E) serviceable

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Daisy Corporation reported net income of $420,000 for 2014 . Changes occurred in several balance sheet accounts as follows: Equipment ................................. $35,000 increase Accumulated depreciation .................. 56,000 increase Note payable .............................. 42,000 increase Additional information: · During 2014, Daisy sold equipment costing $35,000, with accumulated

depreciation of $16,800, for a gain of $7,000. · In December 2014, Daisy purchased equipment costing $70,000 with $28,000 cash and a 12% note payable of $42,000. · Depreciation expense for the year was $72,800. In Daisy's 2014 statement of cash flows, net cash provided by operating activities should be a. $476,000. b. $485,800. c. $492,800. d. $499,800.

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Activity-based costing

A) is a traditional costing method B) improves the costing accuracy of products or services C) always results in a lower cost assigned to goods or services D) all of these

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