Small claims courts have jurisdiction over settling the estates of deceased persons
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is an outsourcing challenge caused by contract period of several years?
A. Difficulties in getting out of a contract. B. Problems in re-forming an internal IT department. C. Problems in foreseeing future issues. D. All of the above.
Sparrow Corporation The items listed below were identified while preparing a bank reconciliation for the checking account of Sparrow Corporation as of March 31, 2012. Sparrow's balance according to the general ledger ? Bank statement balance $18,500 Outstanding checks 2,700 A customer's NSF check returned by the bank 350 Bank service charges 100 Deposits in transit 1,000 Interest earned on the
checking account 60 Refer to the information presented for Sparrow Corporation. How will the bank services charges be handled within a bank reconciliation? A) Add to the balance in the company's records B) Subtract from the balance in the company's records C) Add to the bank statement balance D) Subtract from the bank statement balance
Discharge for refusing to violate a professional code of conduct falls under which exception to employment-at-will doctrine?
A. Violation of public policy B. Implied contract C. Implied covenant D. Does not fall under an exception
Which of the following is true of a cash flow?
A) Profits do not necessarily result in cash flows available to the stockholders. B) It is guaranteed that the board of directors will increase dividends when net cashflows increase. C) A firm's income statement will never show a positive profit when its cash outflows exceed its cash inflows. D) An increase in revenue will always result in an increase in cash flow.