Signin/Signup
Signin/Signup
Info
Warning
Danger

Accounting Answers, Flashcards, Essays and Textbook Solutions

The hard task of handling college homework is one of the most common challenges in the path of student success. No student ever says, "Hey I love homework! Give me more!" (However nerdy they are) Yet, it is an unavoidable part of your college experience.

Ask an Expert

Our Experts can answer your tough homework and study questions.

Answers in as fast as 15 minutes
Post a Question
101. Adversarial bias is best described as: 102. The type of adversarial bias that most accounting expert witnesses should guard against is: 103. In an effort to avoid adversarial bias, experts should: 104. Characteristics that most effective expert witnesses possess include all of the following except: 105. Describe the typical.
11 Views
View Answer
31. Because demonstrative evidence has no probative value, there is no need to authenticate it in a technical sense. 32. The residuum rule means that no finding may be supported solely by hearsay evidence. 33. The drill-down functionality technique is a process of scanning evidential and case-related documents onto a.
6 Views
View Answer
11. The coefficient of determination describes the amount of variance that is explained by the linear relationship between the independent variable and the dependent variable. 12. If the sign of the "b" value in the regression line is negative, then the coefficient of correlation must be negative as well. 13..
10 Views
View Answer
41. Courts are expected to provide an important "gatekeeper" function in determining who may provide expert advice to the court. The United States Supreme Court case that gave rise to this function is the: 42. Under Daubert, attorneys may challenge prospective expert witnesses about: 43. In addition to Daubert case.
10 Views
View Answer
111. In a cost regression analysis the “b” value refers to the change in the value of the ________ variable given a specific change in the___________ variable. 112. The __________________________ measures the amount of “explained variance” provided by the regression analysis. 113. The Federal False Claims Act was enacted: 114..
11 Views
View Answer
51. Jones Lumber had an exclusive three-year supply agreement with Wood Construction. The contract called for lumber sales of $4,000,000 per year. After one year, Wood Construction canceled the contract without cause. The court found Wood Construction liable under the contract. Jones Lumber had average gross margins of 40 percent.
7 Views
View Answer
1. Most antitrust cases deal with allegations of nationwide monopolies like the United States case against the Microsoft Corporation. 2. The United States Justice Department is the only entity that can bring antitrust cases against a business. 3. A private corporation can sue another corporation for alleged violations of federal.
17 Views
View Answer
1. Accountants acting as consultants (who will not testify) are not protected from disclosure under the attorney work product doctrine. 2. Information reviewed by a testifying expert will not be subject to disclosure, including drafts of reports sent from and to the accounting expert. 3. Accountants appointed by a court.
22 Views
View Answer
21. Association and causation are two terms that mean the same thing when used in connection with regression/correlation analysis. 22. Regression/correlation analysis is a very powerful tool in assessing cost behavior characteristics of accounting information. 23. Regression/correlation analysis is a very powerful tool in assessing cost behavior characteristics of accounting.
10 Views
View Answer
101. Lakeland Manufacturing Company has a patent on a high-pressure hydraulic valve. The valve is a major improvement in high-pressure hydraulic systems, and Lakeland has enjoyed a monopoly position in this product since its development several years ago. During the last twelve months, Davis Manufacturing has been making and selling.
7 Views
View Answer
71. An expert witness uses regression/correlation analysis to evaluate the operating expenses of a client charged in an antitrust case. The results that are found do not match the expectations of the expert and the accounting professionals at the firm. A logical explanation for this might be: 72. The Coefficient.
7 Views
View Answer
99. How do multinational companies take advantage of different tax rates in different nations to “launder” tax reductions to themselves? 100. Describe a payable-through account. 101. The Patriot Act is the most significant legislation affecting money launderer’s activities in the United States. 102. The Patriot Act has at least stopped.
7 Views
View Answer
61. Georgetown Company's weekly store operating costs for a 10-week period had a value of $300,000 and a low value of $260,000. Sales volumes for the two weeks were $4,000,000 and $3,200,000 respectively. At a sales level of $3,500,000, the estimated store operating costs using the high-low method of cost.
10 Views
View Answer
91. A Voir Dire challenge to an expert witness’s testimony refers to: 92. In the milestone Daubert case, the U.S. Supreme court characterized the Court’s function as that of: . 93. A regional package delivery company that was marginally profitable entered into a three-year contract with a national airline delivery.
6 Views
View Answer
89. AU Section 317, Illegal Acts by Clients, Par. 17 on Professional Standards states:The auditor should assure himself that those charged with governance are adequately informed with respect to illegal acts that come to the auditor’s attention. [1] The auditor need not communicate matters that are clearly inconsequential and may.
8 Views
View Answer
1. The admissibility of different forms of evidence varies widely from jurisdiction to jurisdiction. 2. Technical errors in the testimony of an expert witness can be an attack against the evidence of an accountant on cross-examination. 3. Forensic accountants convert financial clues, using the latest technology, into evidence admissible in.
19 Views
View Answer
101. The _______________ Law states that there is approximately a 4.6 percent chance that the first digit in a number will be 9. 102. Sacramental communication is privileged communication in most states. 103. Hearsay evidence is not permitted in the courtroom. 104. The _______________ rule is one major exception to.
9 Views
View Answer
106. A motion of ________________ may be used to attempt to disqualify an expert witness. 107. ________________ reports are more subjective and rely more on the professional judgment of the expert. 108. At a ________________, which takes place outside a courtroom, witnesses are required to answer oral questions under oath..
9 Views
View Answer
41. Discovery sampling and digital analysis are inductive approaches. 42. The inductive approach, custom data mining, is used most often by larger organizations. 43. Discovery sampling is a deductive approach. 44. E-mails are not subject to subpoena. 45. E-mails are fairly easy to eliminate in a company as evidence material..
13 Views
View Answer
31. Two major theories of damage calculations are the "out-of-pocket" approach and the "reasonable certainty" approach. 32. Using the "out-of-pocket" approach, damages include not only the money invested but also other expenses such as increased costs. 33. Using the "benefit-of-the-bargain" approach, damages include not only the money invested but also.
10 Views
View Answer
21. I.R.C. Section 7525 provides that a taxpayer's communications made to federally authorized tax practitioners are privileged. 22. The tax privilege protection extends to communications between a tax practitioner and a client for the preparation of a tax return. 23. The tax privilege protection extends to criminal tax matters before.
7 Views
View Answer

Can't find what you're looking for ?

Ask our exprts a study questions, on us.
Get free Homework Help*