Do you think the ethics charges against District Attorney Mike Nifong are legitimate or unfounded?
What will be an ideal response?
[Although it would be nearly impossible for anyone to think the ethics charges against Nifong are unfounded, some might think (depending on if that disciplinary case is concluded by the time you teach this course) that the punishment against him was too harsh, or the result of a political riptide.]
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Bass Accounting Services expects its accountants to work a total of 27,000 direct labor hours per year. The company's estimated total indirect costs are $270,000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation rate?
A) $10.00 per hour B) $20.00 per hour C) $100.00 per hour D) $12.00 per hour
The entry to record the issuance of common stock for fully paid stock subscriptions is
a. a memorandum entry. b. Common Stock Subscribed, Common Stock Additional Paid-In Capital. c. Common Stock Subscribed, Subscriptions Receivable. d. Common Stock Subscribed, Common Stock.
Conservatism emphasizes the early recognition of losses and delayed recognition of gains
Indicate whether the statement is true or false
In reviewing media trends in the early 21st century, it is clear that ________
A) major publics are not as sophisticated as they once were B) the public has largely turned away from mainstream media C) print media is still the most widely read among influential publics D) publics now get their news from a wide range of broadcast and online sources