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1 year ago

Select the correct answer how many justices must agree to an opinion for the Supreme Court to issue a decision

1 answer:

3 0

A majority of the justices, or five out of the nine on a full Court, must agree. The opinion has been written at this point. This is the court's judgment in writing.

<h3>What is the significance of the Supreme Court?</h3>

In our system of government based on the Constitution, the Supreme Court is incredibly significant.

First and foremost, it acts as the final resort for anyone looking for justice because it is the nation's highest court. Second, it is crucial for ensuring that each arm of government understands the boundaries of its own authority because of its ability to conduct judicial reviews.

Third, it defends civil liberties and rights by overturning unconstitutional legislation. Finally, it establishes reasonable boundaries for democratic government by preventing popular majorities from passing legislation that discriminates against or unfairly benefits unpopular minorities.

Learn more about the Supreme Court, from:

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preparing adjusting and closing entries across two periods norton company closes its accounts on december 31 each year. the comp

Rama09 [41]

Answer:

Requirement: <em>Prepare journal entries to: (a) Accrue the salaries payable on December 31, b) Close the Salaries Expense account on December 31 (the account has a year-end balance of $250,000 after adjustments), (c) Record the salary payment on January 7</em>

Date Accounts title and Explanation Debit Credit

31-Dec Salaries expense $1,880

Salaries Payable $1,880

(To record accrued salaries )

31-Dec Retained Earnings $250,000

Salaries Expense $250000

(To close salaries expense account)

07-Jan Salaries Payable $1,880

Salaries expense $2,920

Cash $4,800

(To record payment of salary)

3 0

3 years ago

1. List names of all employees who are not from Department A00. 2. What is the average of all employee salaries? 3. Which employ

Monica [59]

Please find schedule attached

Answer and Explanation:

1. Names of employees who are not from Department A00 include employees whose work department isn't A00 such as:

Michael Thompson, Sally Kwan, John Geyer, Irvin Stern etc(please refer to attachment)

2. Average of all employees salary = total employees salary /number of employees = $627415/25=$25096.6

3. There are 16 employees earning above the average salary of the employees, such as Christine Haas, Sally Kwan etc

4. There are 6 employees earning above $35000 such as Christine Haas, Michael Thompson, Sally Kwan, John Geyer etc

5. Ms. Haas currently makes $633000 yearly($52750 per month). If she makes $500000 per year then her salary per month will be $500000/12=$41666

4 0

3 years ago

bank run is ____________.A.an extraordinarily large volume of withdrawals driven by a concern that a bank will run out of liqui

evablogger [386]

Answer:

Option A

Explanation:

In simple words, Bank runs refers to the scenario when a significant amount of individuals begin to make bank withdrawals since they are afraid the organizations will run out of liquidity. Usually a run on the banks is the product of confusion instead of a true bankruptcy.

Bank run caused by panic that drives a bank into real bankruptcy provides a traditional example of a prediction that fulfills itself. The institution does defaults risk, as customers are continuing to withdraw money. So what starts out as fear will ultimately turn into some kind of true fallback situation.

5 0

3 years ago

Turbo Corporation (a U.S.-based company) acquired merchandise on account from a foreign supplier on November 1, 2017, for 100,00

Eva8 [605]

Answer:

a. It results in a gain on foreign exchange of $1,200

b. It results in a loss on foreign exchange of $500

Explanation:

The accounting standard related to foreign exchange is IAS 21 and it requires that financial assets and liabilities in the balance sheet are recognized at the spot rate and revalued at year end using the closing rate with the difference between the amounts at transaction date and year end recognized as a gain/loss in the income statement.

Since the item was purchased on account, the inventory is not a financial asset and will thus not be revalued. However, the accounts payable will be revalued.

The entries posted on purchase would have been debit inventory and credit accounts payable.

On November 1, 2017

1 markka = $0.754

100,000 markka = $75,400

when the rate changes to $0.742,

100,000 markka = $74,200

The difference

= $75,400 - $74,200

= $1,200

There has been a reduction in the liability by this difference hence

Debit Accounts payable $1,200

Credit Foreign exchange gain $1,200

January 15, 2018 where the rate becomes $0.747,

100,000 markka = $74,700

The difference then becomes

= $74,200 - $74,700

= ($500)

This is an increase in the liability hence

Debit Foreign exchange loss $500

Credit Accounts payable $500

8 0

3 years ago

Read 2 more answers

When an institution wishes to take a large position in a municipal bond issue but does not want its activities to be well known,

e-lub [12.9K]

Answer:

Option C, a municipal securities broker's broker.

Explanation:

Option “C” is correct because these broker acts on the behalf of the client and perform all the transactions without exhibiting their client’s details in the market. Moreover, the broker maintains the bonds or securities and it focuses on the profit-making aspects. Finally, the broker receives the commission for their service and the client receives the profit or rate of return from the securities.

4 0

3 years ago