In order for paralegal/legal assistant fees to be recoverable under any authorized recovery mechanism, a number of prerequisites must be met, but the most important prerequisite is that the work that was done was ____________________.
Fill in the blank(s) with the appropriate word(s).
substantive legal work
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The U.S. accounts for 60 percent of the marketing research expenditures worldwide
Indicate whether the statement is true or false
Allan and Ralph are partners. Allan has a capital balance of $92,000 and Ralph has a capital balance of $75,000. Carol invested $60,000 to acquire an ownership interest of $50,000. Which of the following is TRUE of the impact of the transaction on the balance sheet?
A) Asset increases and the equity will remain unchanged. B) Both assets and equity will increase. C) Assets will increase and equity will decrease. D) Assets will decrease and the equity will remain unchanged.
Which of the following is true of a proposal??
A) ?The purpose can be labeled as a problem in a proposal. B) ?The purpose is included only in the last section of a proposal. C) ?A proposal should always include the purpose along with the scope. D) ?A proposal should contain objectives beyond the capacity of fulfilment.
A company produces a single product. Variable production costs are $13.60 per unit and variable selling and administrative expenses are $4.60 per unit. Fixed manufacturing overhead totals $52,000 and fixed selling and administration expenses total $56,000. Assuming a beginning inventory of zero, production of 5600 units and sales of 4400 units, the dollar value of the ending inventory under variable costing would be:
A. $10,800 B. $21,840 C. $27,120 D. $16,320