Qualified immunity is:
a. freedom from being sued for performing certain functions
b. freedom from liability for performing certain functions
c. freedom from punitive damages but not compensatory damages
d. freedom from compensatory damages but not punitive damages
b
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An instance document:
a. is an XBRL document that contains all information, at a given point in time, including tags, about the occurrence of an item b. is a feature of a relational database c. is used to comply with SOX Section 409 regarding rapid disclosure of material changes d. summarizes instances of GAAP and IFRS reporting differences
Risk exposures in the General Ledger and Financial Reporting Systems include all of the following except
a. defective audit trail b. unauthorized access to the general ledger c. loss of physical assets d. general ledger account out of balance with the subsidiary account
In an action for damages in a private nuisance suit, the plaintiff is required to prove that the defendant's conduct is unreasonable
Indicate whether the statement is true or false
Although Hargrove Co. makes enough money to pay for everything it needs, it still chooses to have some debt and pay a larger portion of retained earnings back to the stockholders. What is likely the best explanation for this decision?
A. Reduced interest rate B. Financial leverage C. Return multiplier D. Equity leverage E. Debt multiplier