The United States has taken a position that legal issues are best resolved by lawsuits involving parties with conflicting interests presenting their strongest possible case to a neutral factfinder. Because of this, the legal system in the United States is considered
a. an adversary system.
b. a conflict system.
c. an alternative dispute resolution system.
d. a mediation system.
a
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Responding to a question such as "What would happen if..." is an attribute of which of the following types of engagements?
A. Financial projection. B. Financial forecast. C. Review. D. Financial forecast and financial projection.
One way marketers can screen for opportunities that are good for society is to screen based on the criterion of
A. business strengths. B. growth. C. profitability. D. return on investment. E. sustainability.
The following data have been provided by Moretta Corporation, a company that produces forklift trucks: Budgeted production 3,400trucksStandard machine-hours per truck 2.9machine-hoursStandard supplies cost$1.50per machine-hourActual production 3,800trucksActual machine-hours 10,930machine-hoursActual supplies cost (total)$17,496 Supplies cost is an element of variable manufacturing overhead. The variable overhead efficiency variance for supplies cost is:
A. $135 F B. $135 U C. $966 U D. $966 F
Other factors remaining constant, a decrease in the average age of inventory will result in ________
A) a decrease in the average collection period B) a decrease in the cash conversion cycle C) an increase in the cash conversion cycle D) an increase in the average collection period