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barxatty [35]
3 years ago
7

The Federal Trade Commission suspects Billy Williams of unlawful trade activities and has obtained evidence, claimed to be proof

of unlawful activity, by way of aerial photography. The FTC is also currently seeking the submission of various documents, within Williams' place of business, for additional evidence. Williams refuses to submit to the demands to produce the documents and claims that this demand and the aerial photos are direct violations of his constitutional rights. Williams also demands a jury trial to clear him of charges levied
Business
1 answer:
pantera1 [17]3 years ago
3 0

Answer and Explanation:

An agency has the power to execute the law and to bring proceedings against violators. This may be accomplished with no significant constitutional limitations on how the agency is to conduct its investigation of infractions. A search warrant is never required for subject matter observed from a public place; therefore, aerial photography of Williams' place of business can be used by the FTC as proof of wrongdoing. The FTC may also demand the production of relevant papers and documents by Williams, since the constitutional guarantee against unreasonable searches and seizures does not afford much protection with regard to papers and records being investigated by an agency. Lastly, Williams has no right to a jury trial in an administrative hearing.

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Sometimes a risk assessment report is prepared for a specific IT project at the request of the project manager, either because i
irina [24]

Answer:True

Explanation:

The security assessment report is the documents written by independent assessors after they have finished performing security testing on the system. This report focuses on risk to the system and its networks, applications and facilities. With all these aforementioned points, it can be prepared specifically for IT project at request.

4 0
4 years ago
Juniper Design Ltd. of Manchester, England, is a company specializing in providing design services to residential developers. La
aleksklad [387]

Answer:

$180,000

Explanation:

Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The residual income serve a company to track its performance. It is a financial metric to assess company's internal performance. The formula to calculate the residual income is,

RI = Net operating Income - (Required rate of return * Cost of operating assets)

RI = $420,000 - (15% * $1,600,000 )

RI = $180,000

4 0
3 years ago
The National Honor Society is an example of a CTSO.<br>True or False?
Viktor [21]

Answer:

The answer to your question is False.

7 0
3 years ago
Read 2 more answers
Stefan is looking for a job. Today he went to the Web site of Qriosity Inc., where he filled out an online application and attac
antiseptic1488 [7]

Answer:

initial selection

Explanation:

Based on the information provided within the question it can be said that in this scenario Stefan is in the initial selection phase of the selection process. This is the first step in the process in which the individual provides initial information to the company/firm, which they analyze in order to see if the individual meets the basic qualifications for the position that needs to be filled. If so the individual moves to the next phase which would be substantive selection.

3 0
4 years ago
On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,
marissa [1.9K]

Answer:

Shoemarket Corporation

Journal Entries:

April 1, 2021:

Debit Notes Receivable $490,000

Credit Cash Account $490,000

To record the issue of notes.

December 31, 2021:

Debit Interest on Notes Receivable $36,750

Credit Interest on Notes $36,750

To accrue interest on notes for the year.

April 1, 2022:

Debit Cash Account $539,000

Credit Notes Receivable $490,000

Credit Interest on Notes Receivable $36,750

Credit Interest on Notes $12,250

To record cash collection of the note and interest.

Explanation:

a) The acceptance of  notes receivable increases the Notes Receivable account and reduces the Cash Account by $490,000.

b) Due to the accrual concept and the matching principle, on December 31, 2021, interest on notes receivable will be accrued.  This is calculated as follows:

Interest for 9 months = $490,000 x 10% x 9/12 = $36,750.

c) On April 1, 2022, when the cash collection of the note and interest is made, the Cash received will total $539,000 ($490,000 + 10% Interest for a year).  This is worked as $490,000 x 10% = $49,000.  But, already interest for 2021 had been accrued.  The difference is now accrued in 2022.

d) The entries required are a debit to the Cash Account $539,000, a credit to Interest on Notes Receivable $36,750, to Interest on Notes $12,250, and Notes Receivable Accounts $490,000 respectively.

3 0
3 years ago
Read 2 more answers
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