When The Endangered Species Act prohibits use of land to protect an endangered species:
A)?There is a taking that entitles the owner to compensation
B)?The owner has a constitutional challenge.
C)?There must be judicial approval.
D)?None of the above
D
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Under inflationary conditions, the least conservative inventory method is lifo
Indicate whether the statement is true or false
Privacy laws do not prevent universities from providing the following information to a third party without consent from the job candidate.
A. whether the job candidate has a degree from the school B. the job candidate’s transcripts from the school C. the job candidate’s current grades for the semester D. the job candidate’s disciplinary record from the school
Which of the following principles states that a business's financial statements must report enough information for outsiders to make knowledgeable decisions about the company?
A) conservatism B) materiality concept C) disclosure principle D) consistency principle
A prime example of an internal failure cost is the:
A) labor cost associated with inspecting every item produced. B) labor cost associated with repairing an item returned under warranty. C) material cost of a piece of stock metal that has had too large a hole drilled in it. D) material cost of the paint applied to the case of a finished unit.