If a judge shows personal bias toward a party in a case, the judge may not be sued for the bias
a. True
b. False
Indicate whether the statement is true or false
True
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Arena, Inc uses straight-line depreciation for its equipment. Arena purchased equipment for $300,000 and estimated its useful life at 8 years. The bookkeeper failed to consider the residual value of $50,000 . What is the impact on earnings per share and operating income of failing to consider the residual value?
a. Earnings per share will be overstated and operating income will be understated. b. Earnings per share will be understated and operating income will be overstated. c. Both earnings per share and operating income will be overstated. d. Both earnings per share and operating income will be understated.
Cash receipts from interest and dividends are classified as
A) financing activities B) operating activities. C) investing activities. D) either financing or investing activities.
What is recognizance?
A) a party's acknowledgement in court that he or she will pay a specified sum of money if a certain event occurs B) a sealed document that contains a formal contract whose contents are known to both parties and the referee who supervised its signing C) a sealed document that contains an informal contract whose contents are known only to the parties D) a party's acknowledgement in court that he or she is not liable to pay any money if a certain event occurs
Which of the following best describes the purpose for which forms are cataloged?
A. To eliminate forms B. To simplify forms C. To determine the nature, type, and purpose of the forms used in the organization D. To develop more effective forms