Summarily, how does one become a lawyer?
What will be an ideal response?
First, one must earn a bachelor’s degree in order to be eligible for law school. With the
sufficient combination of college grades, an appropriate LSAT score, a unique-enough
biography, glowing reference letters, and—at some schools—an alumni donation, the law
school of your choice will admit you. After three years of passing grades, graduates apply for
the bar exam of the jurisdiction of their law practice desire. Applicants can also take the
Multistate Bar Exam in those jurisdictions that allow for licensure reciprocity. The Multistate
Professional Responsibility Exam must also be passed. Upon successful completion of the
required exams and the taking of the oath, one is now a lawyer.
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Davis Corporation is preparing its Manufacturing Overhead Budget for the fourth quarter of the year. The budgeted variable manufacturing overhead rate is $1.70 per direct labor-hour; the budgeted fixed manufacturing overhead is $116,000 per month, of which $30,000 is factory depreciation.If the budgeted direct labor time for December is 4,000 hours, then the predetermined manufacturing overhead per direct labor-hour for December would be:
A. $30.70 B. $23.20 C. $1.70 D. $9.20
A hickory rocking chair, handmade by an Amish woodcarver in Lancaster, Pennsylvania, from locally grown wood is an example of a ________
A) convenience product B) shopping product C) specialty product D) service E) core product
Which of the following is not an advantage of standard costing over normal costing and actual costing?
A) A greater capacity for control. B) Providing for readily available unit cost information. C) Computing a unit cost for each equivalent unit cost category is not necessary. D) Ability to easily distinguish the FIFO and weighted average methods of accounting for beginning inventory costs. E) All of these are advantages of standard costing.
A distinctive mark, symbol, name, word, or motto that identifies the goods of a business is a:
A) patent. B) business mark. C) certification mark. D) trademark.