Malice is a required element in all defamation cases
Indicate whether the statement is true or false
False
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The final move ticket data marks the end of the conversion process and the movement of goods to the finished goods warehouse
Indicate whether the statement is true or false
During a trial or deposition, expert witnesses should do all of the following EXCEPT:
a. listen carefully to the questions to make sure they hear exactly what is being asked. b. memorize well-crafted answers to say what they think sounds effective. c. before answering, pause to give the attorneys for their side of the case an opportunity to object to the question. d. restrict the answer to the question asked.
Why is the enforcement of ethical standards important? What amount of enforcement should be used?
What will be an ideal response?
On October 31 . a flood at Comfort Company's only warehouse caused severe damage to its entire inventory. Based on recent history, Comfort has a gross profit of 40 percent of net sales. The following information is available from Comfort's records for the ten months ended October 31: Inventory, January 1 .................................. $ 520,000 Purchases
............................................. 4,120,000 Purchase returns ...................................... 60,000 Sales ................................................. 5,600,000 Sales discounts ....................................... 400,000 A physical inventory disclosed usable damaged goods which Comfort estimates can be sold for $70,000 . Using the gross profit method, the estimated cost of goods sold for the ten months ended October 31 should be a. $680,000. b. $1,080,000 c. $3,120,000. d. $3,640,000.