IOLTA accounts represent:

A) multiple client funds aggregated in one interest bearing account with interest paid to the attorney.
B) multiple client funds aggregated in one non-interest bearing account.
C) client funds held in individual interest bearing accounts.
D) multiple client funds aggregated in one interest-bearing account with interest paid to a court-designated agency like Legal Aid.


D

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Which of the following statements about joint-cost allocation isĀ false?

A. Joint-cost allocation is useful in deciding whether to further process a product after split-off. B. Joint-cost allocation can be based on the number of units produced. C. Joint-cost allocation is useful in making a profit determination about individual joint products. D. Joint-cost allocation is helpful in inventory valuation. E. Joint-cost allocation can be accomplished by using several different methods that focus on sales value and product "worth."

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High-risk, high-yield bonds used to finance mergers, leveraged buyouts, and troubled companies are referred to as:?

A. ?callable bonds. B. ?junk bonds. C. ?convertible bonds. D. ?floating-rate bonds. E. ?putable bonds.

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Which of the following can have a negative impact on a particular sale's profitability?

A. Accounts receivable collection time. B. Number of required sales contacts (phone calls, visits, etc.). C. Special shipping instructions. D. Purchase-order changes. E. All of the answers are correct.

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Which network uses radio signals to transmit and receive data over distances of a few hundred feet?

A. PAN B. WWAN C. WLAN D. WMAN

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