Consumers have the responsibility to examine periodic statements provided by their financial institutions. If a loss would not have occurred but for the failure of a consumer to report within __________ of the transmittal of the statement any unauthorized transfer, the loss is borne by the consumer
A) fourteen (14 ) days
B) thirty (30 ) days
C) sixty (60 ) days
D) six (6 ) months
C
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In a general partnership, which of the following acts must be approved by all the partners?
a. Dissolution of the partnership. b. Admission of a partner. c. Authorization of a partnership capital expenditure. d. Hiring an employee.
When the government grants immunity to a criminal suspect, the suspect maintains his or her
constitutional privilege against self-incrimination. Indicate whether the statement is true or false
If the right-hand-side value of a binding constraint is increased by one unit, then the objective function will change in an amount equal to the shadow price
a. True b. False
Which of the following is true regarding the proprietary fund financial statements?
A. The Statement of Cash Flows may be prepared using either the direct or indirect methods. B. The Statement of Net Position reflects equity as contributed equity and retained earnings. C. Statements include the Statement of Net Position, Statement of Revenues, Expenses, and Changes in Fund Net Position, and Statement of Cash Flows. D. Normally, a reconciliation is required between the proprietary fund financial statements and the business-type activities column in the government-wide financial statements.