Miriam is an accountant. Natalie is an attorney. Which professional is most re-stricted from disclosing her or his client's communication?
Most professionals are restrained by the ethical tenets of their professions from disclos¬ing com¬muni¬cations with their clients. In some instances, professional-client com¬muni¬ca¬tions are even privileged under state and federal law.
Of the two professionals named in this ques¬tion, the attorney is the most restricted professional. Without a client's per¬mission, an attorney cannot disclose the client's communication. Disclosure is prohibited under federal law, state law, and the ethical tenets of the legal profession.
In a few states, accountant-client communications may not be revealed even in court without the client's permission. But these communications are not protected—and state-provided rights are not recognized—under federal law. In cases involving federal law, in response to a court order, an accountant must provide the information sought.
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A ______ trend often occurs when new products are introduced.
A. linear B. nonlinear C. no trend (level demand) D. damped
A trademark lasts for:
a. 20 years after the application is filed. b. 70 years after the death of the creator. c. 10 years, but it can be renewed for an unlimited number of terms as long as it is used. d. as long as it is kept confidential.
Perfect capital mobility and fixed exchange rates mean that
A) monetary policy is useless. B) fiscal policy is useless. C) monetary policy is super powerful. D) fiscal policy is less effective than monetary policies.
Dirickson Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 7.6 ounces$9.40per ounceDirect labor 0.10hours$18.00per hourVariable manufacturing overhead 0.10hours$5.30per hourThe company has reported the following actual results for the product for July: Actual output 7,600unitsRaw materials purchased 63,000ouncesActual cost of raw materials purchased$541,800 Raw materials used in production 57,750ouncesActual direct labor-hours 820hoursActual direct labor cost$16,072 Actual variable overhead cost$4,592 The raw materials quantity variance for the
month is closest to: A. $94 F B. $94 U C. $86 U D. $86 F