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3 years ago

There are different standards for due process in civil and criminal cases. True or False

Business

1 answer:

kobusy [5.1K]3 years ago

7 0

That statement is false

Due process refers to the treatment that both parties involved in a case should experience in order to obtain a hearing. The standard for the treatment is the same for civil and criminal cases. The only thing that different between the two only the magnitude of the punishment.

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Match each of the following scenarios with the accounting principle or accounting assumption that it best illustrates.a. Several

Orlov [11]

Answer:

Key S - Scenario

A - Accounting Principle or Assumption

Several years after Thomas Company purchased new office equipment, the company’s accounting records still show the original purchase price.

Historical cost principle

The home of Rob Elliot, the owner of GGE Enterprises Inc., is not listed among the company’s assets.

Business entity assumption

Despite several years of falling sales, Thomas Company continues to forecast sales and make strategic plans to raise revenues and cut expenses.

Going concern assumption

Thomas records expenses incurred to produce the sales for the month.

Expense recognition principle

GGE Enterprises records a deposit received from a customer for work to be performed later in the month. The customer is billed for the remaining amount after the work is complete, and the customer’s payment is recorded.

Revenue recognition principle

Thomas Company provides earnings information to investors at the end of every quarter.

Time period assumption

The accounting records of Thomas Company are in dollars, not euros, although the Ohio-based company is owned by a German firm.

Monetary unit assumption

Explanation:

5 0

3 years ago

A food handler's duties regarding food safety include all of the following practices EXCEPT: Prevention of food contamination Pe

katen-ka-za [31]

The answer to your question is,

Periodically test food for illness causing microorganisms.

-Mabel <3

7 0

3 years ago

Read 2 more answers

. For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual in

Zielflug [23.3K]

Answer:

Inventory cost will be $3

So option (b) is correct option

Explanation:

We have given that carrying and setup cost is $600

So carrying and setup cost = $600

And EOQ = 200 units

We have to find the inventory carrying cost per year

We know that inventory carrying cost is given by

inventory carrying cost $=\frac{carrying\ and\ setup\ cost}{EOQ}=\frac{600}{200}=$3$

So option (b) will be correct option

4 0

3 years ago

1. The car dealer is offering a promotion on a new that the buyer pays zero interest over 72 months. The monthly payment is $350

inessss [21]

Answer:

selling price of this car is $22700

Explanation:

given data

zero interest = 72 months

monthly payment = $350

market interest rate = 3.5% per year = 0.2917 % per month

time = 6 year = 72 months

solution

we get here present value of annuity that is

present value annuity = ( 0.2917 % per month , 72 months )

present value annuity = 64.8568

so here selling price of car is

selling price = monthly payment × present value annuity ............1

selling price = $350 × 64.8568

selling price = $22700

so selling price of this car is $22700

8 0

3 years ago

Which of the following costs do not vary with the amount of output a firm produces? a. average fixed costs b. fixed costs and av

Harrizon [31]

Answer:

d. fixed costs

Explanation:

The fixed cost is the cost which does not change if there is a change in the level of production i.e if the production level is increased or decreased it the fixed cost would remain the same as it is previous before

Therefore according to the given situation, since the fixed does not vary with the amount of firm output

Hence, option d is correct

4 0

3 years ago