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LATEST WGU D074 PRINCIPLES OF ACCOUNTING 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
What is the effect of a company's accounting department maintaining high ethical standards? - CORRECT ANSWER The company's accounting information will increase in value. Why might employees be interested in their company's financial accounting information? - CORRECT ANSWER Financial statement data are often used in determining employee bonuses. What group establishes financial accounting rules in the United States? - CORRECT ANSWER Financial Accounting Standards B...
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- • 9 pages •
What is the effect of a company's accounting department maintaining high ethical standards? - CORRECT ANSWER The company's accounting information will increase in value. Why might employees be interested in their company's financial accounting information? - CORRECT ANSWER Financial statement data are often used in determining employee bonuses. What group establishes financial accounting rules in the United States? - CORRECT ANSWER Financial Accounting Standards B...
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The legal system in the United States is comprised of - CORRECT ANSWER 1) both state and federal constitutions 2) statutes and agency regulations 3) judicial decisions Local and state laws may not conflict with - CORRECT ANSWER federal laws Primary sources of law - CORRECT ANSWER constitutional law, statutory law, common law, and administrative law the law serves to - CORRECT ANSWER 1) keep the peace 2) maintain the status quo 3) preserve individual ri...
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- • 54 pages •
The legal system in the United States is comprised of - CORRECT ANSWER 1) both state and federal constitutions 2) statutes and agency regulations 3) judicial decisions Local and state laws may not conflict with - CORRECT ANSWER federal laws Primary sources of law - CORRECT ANSWER constitutional law, statutory law, common law, and administrative law the law serves to - CORRECT ANSWER 1) keep the peace 2) maintain the status quo 3) preserve individual ri...
LATEST WGU BUSINESS LAW FOR ACCOUNTANTS - C241 - PRE-ASSESSMENT PWHC.2 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
What is the purpose of informal agency actions? - CORRECT ANSWER To provide advance notice that formal rulemaking may be forthcoming. Which action has the government implemented in order to minimize health care costs? - CORRECT ANSWER Insurance companies must spend 80% of individual premiums on benefits or pay a rebate to the insured. Which act did Congress pass in 2011 to give the FDA greater authority to recall food suspected to be tainted? - CORRECT ANSWER Food ...
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- • 13 pages •
What is the purpose of informal agency actions? - CORRECT ANSWER To provide advance notice that formal rulemaking may be forthcoming. Which action has the government implemented in order to minimize health care costs? - CORRECT ANSWER Insurance companies must spend 80% of individual premiums on benefits or pay a rebate to the insured. Which act did Congress pass in 2011 to give the FDA greater authority to recall food suspected to be tainted? - CORRECT ANSWER Food ...
LATEST WGU - BUSINESS LAW C713 PRE-ASSESSMENT 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
What is the principal source of stare decisis and precedent? A) Constitutional Law B) Administrative Law C) Statutory Law D) Common Law - CORRECT ANSWER Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve ...
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What is the principal source of stare decisis and precedent? A) Constitutional Law B) Administrative Law C) Statutory Law D) Common Law - CORRECT ANSWER Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve ...
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LATEST MICHIGAN BUILDERS BUSINESS-LAW-ACCOUNTING QUESTIONS WITH 100% CORRECT ANSWERS LATEST MICHIGAN BUILDERS BUSINESS-LAW-ACCOUNTING QUESTIONS WITH 100% CORRECT ANSWERS
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LATEST MICHIGAN BUILDERS BUSINESS-LAW-ACCOUNTING QUESTIONS WITH 100% CORRECT ANSWERS LATEST MICHIGAN BUILDERS BUSINESS-LAW-ACCOUNTING QUESTIONS WITH 100% CORRECT ANSWERS
LATEST WGU BUSINESS LAW PRE-ASSESSMENT PKYO 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
LATEST WGU BUSINESS LAW PRE-ASSESSMENT PKYO QUESTIONS WITH 100% CORRECT ANSWERS LATEST WGU BUSINESS LAW PRE-ASSESSMENT PKYO QUESTIONS WITH 100% CORRECT ANSWERS
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LATEST WGU BUSINESS LAW PRE-ASSESSMENT PKYO QUESTIONS WITH 100% CORRECT ANSWERS LATEST WGU BUSINESS LAW PRE-ASSESSMENT PKYO QUESTIONS WITH 100% CORRECT ANSWERS
LATEST WGU C713 BUSINESS LAW VERSION 3 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
What purpose does the law serve in our society? - CORRECT ANSWER To resolve conflicts in our society without the ise of volence. What are the three branches of government? - CORRECT ANSWER Executive, Legislative, and Judicial What is Statutory Law? - CORRECT ANSWER Law that is created by a legislative body, known as congress, at the federal Level. What is common Law? - CORRECT ANSWER Is Judge-Made Law. It is law that comes from previous Judge rulings in...
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- • 29 pages •
What purpose does the law serve in our society? - CORRECT ANSWER To resolve conflicts in our society without the ise of volence. What are the three branches of government? - CORRECT ANSWER Executive, Legislative, and Judicial What is Statutory Law? - CORRECT ANSWER Law that is created by a legislative body, known as congress, at the federal Level. What is common Law? - CORRECT ANSWER Is Judge-Made Law. It is law that comes from previous Judge rulings in...
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