A "notice of lis pendens" is an office-typed pleading containing the title of the case and giving notice to the world that the property described in the case is the subject of legal action
Indicate whether the statement is true or false.
T
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On January 1, 2016, the Accounts Receivable and the Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550 respectively. During the year, the company reported $70,000 of credit sales. There were $400 of receivables written off as uncollectible in 2016 . Cash collections of receivables amounted to $74,700 . The company estimates that it will be unable to
collect 5% of the year-end accounts receivable balance. The net realizable value of receivables appearing on the 2016 balance sheet will amount to: a. $14,105 b. $14,155 c. $14,900 d. $15,450
The state legislature is currently debating a bill that, if passed, would require the Roberts Company to go out of business. Which of the following principles or assumptions related to the preparation of Roberts financial statements is most directly affected by this impending vote of the legislature?
A) going concern B) verifiability principle C) entity concept D) materiality concept
Since the 1970s, the bargaining structure in the U.S. has become more centralized.
Answer the following statement true (T) or false (F)
Dana works ________ than Susan
A) more efficiently B) most efficiently C) more efficient