As a general rule, the underground economy in a country will be bigger when
A. government red tape is oppressive.
B. income levels are low.
C. economic growth is slow.
D. drug use is higher.
E. tax rates are lower.
Answer: A
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Which of the following is the appropriate general journal entry to record the declaration of a cash dividends?
a. Retained Earnings Cash b. Cash Dividends Payable Cash c. PaidÂIn Capital Cash Dividends Payable d. Cash Dividends Cash Dividends Payable
One application of internal control when taking a physical count of inventory is the use of pre-numbered inventory tickets.
Answer the following statement true (T) or false (F)
What is a dark pool?
What will be an ideal response?
Assume Gerald is injured because his landlord, Barbara, fails to replace burned-out light bulbs in the hallway of his apartment building. If Gerald trips and falls and then sues Barbara for his injuries, the basis of his suit most likely will be:
A) negligence B) intentional interference C) res ipsa loquitor D) breach of contract (lease)