NAU ACC 205 FINAL EXAM QUESTIONS WITH COMPLETE SOLUTIONS, GRADED A+
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NAU ACC 205
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NAU ACC 205
administrative law judge - ️️one who presides over an administrative agency
hearing and has the power to administer oaths, take testimony, rule on questions of
evidence, and make determinations of fact
act of s corporate social responsibility - ️️combines good citizenship with ethical
d...
NAU ACC 205 FINAL EXAM
administrative law judge - ✔️✔️one who presides over an administrative agency
hearing and has the power to administer oaths, take testimony, rule on questions of
evidence, and make determinations of fact
act of s corporate social responsibility - ✔️✔️combines good citizenship with ethical
decisions, improving society, and minimizing environmental impacts; not a law but
encourage
tate doctrine - ✔️✔️judicial branch of one government will not examine validity of public
acts committed by foreign government
administrative agency - ✔️✔️state, local, or federal; given power through Congress
through enabling legislation; created for implementation of statutes(laws)
commerce clause - ✔️✔️Congress/ federal government can regulate interstate
commerce
dormant commerce clause - ✔️✔️implied that because Congress/ federal government
has the power to regulate interstate commerce, the states do not
C--COVER (what it stands for) - ✔️✔️codes of conduct
C--codes of conduct - ✔️✔️the application of specific codes/ statutes of a profession
O--COVER (what it stands for) - ✔️✔️outcomes
O--outcomes - ✔️✔️greatest amount of good for the greatest number of people
(outcome based analysis/ utilitarianism/ cost/benefit analysis)
V--COVER (what it stands for) - ✔️✔️values
V--values - ✔️✔️reflected in a company's mission statement
E--COVER (what it stands for) - ✔️✔️editorial
E--editorial - ✔️✔️if your decision was publicized, would you still make the same
decision? (looking on a big scale)
R--COVER (what it stands for) - ✔️✔️rules
, R--rules - ✔️✔️applies a universal standard; categorical imperative: what if everyone
followed or didn't follow a rule (stealing a pen)
diversity jurisdiction/ diversity of citizenship - ✔️✔️the power of the federal courts to
hear matters of state law if the opposing parties are from different states and the
amount in controversy exceeds $75,000
doctrine of sovereign immunity - ✔️✔️immunizes foreign nations from the jurisdiction of
US courts (if a criminal flees to a foreign country, the foreign country must send them
home (cannot hold trial in their country))
due process clause (14th amendment) - ✔️✔️"[n]o state shall...deprive any person of
life, liberty, or property, without due process of law..."
procedural due process - ✔️✔️right to a fair trial; government must give proper notice
and an opportunity to be heard before punishment
substantive due process - ✔️✔️government cannot take away your rights; laws must
be clear, fair, reasonable, and have a valid purpose
federal jurisdiction - ✔️✔️must be a federal question of law; must have diversity of
citizenship + $75,000
free exercise clause - ✔️✔️prohibits Congress from prohibiting freedom of religion
commercial speech - ✔️✔️advertising; regulated to a certain extent; must be truthful
and not misleading
corporate political speech - ✔️✔️fully protected; same as if for an individual
in personam jurisdiction - ✔️✔️court jurisdiction over the persons of a legal action; aka
personal jurisdiction
in rem jurisdiction - ✔️✔️court jurisdiction over a defendant's property
independent agencies - ✔️✔️administrative agency that is not considered part of the
government's executive branch and is not subject to the authority of the president;
officials cannot be removed without cause
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