31. Firms treat expenditures as assets when they: A. have acquired rights to the future use of a resource as a result of a past transaction or event. B. can reliably measure the cost of the expected benefits at the time of initial recognition. C. can exercise the entity’s right to, or control of, the benefit. D. can obtain the future service potential and control others’ access to […]
91. A company established a direct material standard of 2 pounds of material at a cost of $6 per pound for unit produced. During August the company produced 6,000 units of product. 10,000 pounds of direct material which cost $6.50 per pound were used in the production process. Compute the direct material quantity variance for August.A. $5,000 unfavorableB. $12,000 unfavorableC. $5,000 favorableD. $12,000 […]
67.A change in an accounting estimate is: A.Reflected in past financial statements. B.Reflected in future financial statements and also requires modification of past statements. C.Reflected in current and future years’ financial statements, not in prior statements. D.Not allowed under current accounting rules. E.Considered an error in the financial statements. 68.When originally purchased, a vehicle costing […]
104. What pricing concept is used if all costs are considered and a fair markup is added to determine the selling price? A. total cost concept B. demand-based concept C. variable cost concept D. fixed cost concept 105. Which equation better describes Target Costing? A. Selling Price – Desired Profit = Target Costs B. Selling Price – Target Costs = Profit C. Target Variable Costs + Contribution Margin = Selling Price […]
31) Referring to Table 7-1, when will the cash receipt be posted to Carter Company’s account receivable account in the accounts receivable subsidiary ledger? A) on April 30, because special journals are always posted monthly B) on April 1, because subsidiary ledgers are posted daily C) anytime, it doesn’t matter when subsidiary ledgers are posted D) at the end of the next accounting period 32) […]
MULTIPLE CHOICE 54.Noncash investing and financing transactions a. appear in both the investing and financing activities sections. b. appear in either the investing or financing activities section, but not both. c. appear as a separate schedule on the statement of cash flows. d. are excluded from the statement of cash flows. 55.Cash equivalents do not include a. commercial […]
32. Which HRM domain includes affirmative action/diversity, promotion/separation, and orientation? A) Organizational design B) Performance management and appraisal C) Staffing D) Reward systems and compliance E) Employee training and organizational development 33. Which domain would include assessment of an individual, or a department’s, degree of success in meeting or exceeding predetermined levels of productivity and/or quality. A) Organizational design B) Staffing C) Performance management […]
151. On September 1, the company pays rent for twelve months in advance and debits an asset account. At year end, the adjusting entry on the work sheet would A. increase an expense accountB. decrease a liability accountC. increase an asset accountD. decrease an expense account 152. On March 1, a company collects revenue in advance for the next twelve months and credits a liability account. The adjusting entry […]
Objective 5.5 1) Put the following ABC implementation steps in order ________. ACompute the allocation rates. BCompute the total cost of the products. CIdentify the products that are the cost objects. DSelect the cost allocation bases. A) DACB B) DBCA C) BADC D) CDAB 2) ________ is considered while choosing a cost allocation base for activity costs in ABC costing. A) Marketing strategy […]
Multiple Choice 51. Real Angus Steakhouse purchased land for $75,000 cash. They also incurred commissions of $4,500, property taxes of $5,000, and title insurance of $800. The $5,000 in property taxes includes $4,000 in back taxes paid by Real Angus on behalf of the seller and $1,000 due for the current year after the purchase date. For what amount should Real […]
Paula Plaintiff's Really Bad Week, Part 1
Introduction
In this assignment, you’ll need to decide whether Paula Plaintiff has any legal claims arising from a series of unfortunate events. After reading the scenario, answer the questions that follow, making sure to fully explain the basis of your decision.
Paula Plaintiff is shopping at her favorite store, Cash Mart. She is looking for a new laptop, but she can’t find one she likes. Then, realizing that she is going to be late for an appointment, she attempts to leave the store, walking very fast. However, before she can leave, she is stopped by a security guard who accuses her of shoplifting. Paula, who has taken nothing, denies any wrong doing. The officer insists and takes Paula to a small room in the back of the store. The guard tells Paula that if she attempts to leave the room she will be arrested and sent to jail. At this point, the guard leaves the room. Paula is scared and waits in the room for over an hour until the manager comes in and apologizes and tells Paula that she is free to go.
About this same time, Geoffrey Golfer is hitting golf balls in his backyard. Geoffrey decides to break out his new driver and hits a golf ball out of his backyard into the Cash Mart parking lot. The golf ball hits Paula Plaintiff on the head and knocks her unconscious just as she is leaving the store.
Instructions
In a 6–10 paragraph paper, answer the following questions:
· What types of legal claims could Paula make against Cash Mart and Geoffrey? Consider the following:
o What are the possible tort claims that Paula can make against Cash Mart? Discuss the elements of the claim and how those elements relate to the facts in the scenario.
o Was Geoffrey negligent when he hit the golf ball that injured Paula? Discuss the elements of negligence and use facts from the scenario to support your decision.
o If Paula files a negligence claim against Geoffrey will she file in civil court or criminal court? Explain the difference between civil court and criminal court.
You will create and submit your assignment by using the ecree link. Just click on the link and start writing. Your work will be saved automatically. You’ll see some feedback on the right-hand side of the screen, including text and videos to help guide you in the writing process. When you’re ready, you can turn in your assignment by clicking Submit at the bottom of the page.
Click the assignment link to start your assignment in ecree. Please note that ecree works best in Firefox and Chrome.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
In addition to your textbook, you have access to Nexus Uni through the Strayer University Library. Please take advantage of this excellent legal resource!
The specific course learning outcome associated with this assignment is:
· Determine if a plaintiff can make legal claims based on the events in a given scenario.
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