Shannon was angry about something that happened at work and called her boss a "fraudster" and a "criminal" on her personal Facebook page. What has Shannon done that might lead to legal difficulties?
A) She is guilty of the "good-guy syndrome."
B) She has used careless language.
C) She has used abusive language.
D) She has done nothing wrong.
C
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Intangible assets ________.
A) represent assets for which the market value cannot be determined B) are not recorded in the books because they have no physical substance C) convey special rights from patents, copyrights, trademarks, and other creative works D) All of the statements are correct.
The JIT environment has caused a reassessment of product costing techniques. Which of the following statements is true with respect to this reassessment?
a. Traditional cost allocations based on direct labor are being questioned and criticized. b. The federal government, through the SEC, is responsible for the reassessment. c. The reassessment is caused by the replacement of machine hours with labor hours. d. None of the above is true.
Which of the following members of the chain of distribution cannot be strictly liable in a products lawsuit?
a. The manufacturer b. The wholesaler c. The retailer d. The occasional seller
If a taxpayer withdraws his or her deposit on a CD before the instrument matures, the penalty for the early withdrawal on interest will be reported by the financial institution:
A. On Form EWIP. B. In a letter of notification. C. In Box 2 of Form 1099-INT. D. None of these.