Which of the following is a protected right under the Charter?
A) the right to be tried for an offence within a reasonable time.
B) the right to obtain legal aid on being charged with a criminal offence
C) the right not to subjected to any cruel and unusual treatment or punishment
D) both A and C
E) all of the above
D
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According to Fortune Magazine, Walmart is ranked number one in revenue, although it currently generates only about one-third of its revenues outside the United States
Indicate whether the statement is true or false
Measurement of the economic effects on an entity involves each of the following except
a. Quantification of effects b. Identification of the attribute to be measured c. Selection of an appropriate unit of measure d. Recording the economic effects in the financial statements
Answer the following statements true (T) or false (F)
1) When a company is evaluating an investment proposal with high risk, a low discount rate should be used. 2) When the internal rate of return is the same as the required rate of return, the net present value of an investment will be positive. 3) The internal rate of return (IRR) is the rate of return, based on discounted cash flows, of a capital investment. 4) If an investment's internal rate of return is higher than the required rate of return, the company should reject the investment. 5) The discounted cash flow methods of evaluating capital investments are superior because they consider both the time value of money and the profitability of the investment.
The following are steps to the accounting cycle. Of the following, which step should be done first?
A) Closing entries are journalized and posted to the ledger. B) Transactions are posted to the ledger. C) Adjusting entries are journalized and posted to the ledger. D) Financial statements are prepared.