________ is a doctrine that raises a presumption of negligence and switches the burden to the defendant to prove that he or she was not negligent.
A. Negligence per se
B. Res ipsa loquitur
C. Strict liability
D. Proximate cause
Answer: B
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The ability to think analytically is associated with ______ skills.
A. comprehension B. conceptual C. human D. abstract E. intuitive
Compound interest is a repeated calculation of the interest on the principal over certain periods of time
a. True b. False Indicate whether the statement is true or false
The International Federation of Accountants says:"IT has grown (and will continue to grow) in importance at such a rapid pace and with such far reaching effects that it can no longer be considered a discipline peripheral to accounting. Rather, professional accounting has merged and developed with IT to such an extent that one can hardly conceive of accounting independent from IT."In your opinion, why is accounting now interdependent with IT?
What will be an ideal response?
Which of the following is not included in the purchase cost of merchandise inventory?
a. Purchase discounts b. Overhead costs c. Freight-in costs d. Purchase returns and allowances