The federal judicial branch of the U.S. government
A)interprets statutes
B)passes statutes.
C)issues executive orders.
D)creates administrative agencies.
A
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Which of the following is not an internal control procedure?
a. authorization b. management's operating style c. independent verification d. accounting records
A purchase order is sent from a company's
a. requesting department to the supplier. b. treasurer to the supplier. c. requesting department to its accounting department. d. purchasing department to the supplier.
Organize the following accounts into the usual sequence of a chart of accounts. Miscellaneous Expense Accounts Payable Accounts Receivable Cash Alecia Morris, Capital Fees Earned Prepaid Rent Salaries Expense Unearned Revenue Alecia Morris, Drawing
Fact Pattern 23-1BSociedad Guarantia (SG), a Mexican firm, borrows $1 million from Tri-national Bank, a U.S. firm. Later, SG files for bankruptcy under Mexican law and asks the Mexican court to order the reimbursement of payments on the loan. Tri-national files a suit against SG in a U.S. court, arguing that the funds do not belong to SG.Refer to Fact Pattern 23-1B. Under the principle of comity, the U.S. court in Tri-national's suit is most likely to
A. ask the Mexican court to drop SG's petition. B. ask Tri-national to drop its suit. C. dismiss Tri-national's suit. D. order the Mexican court to deny SG's request.