Audit procedures occurring after the balance sheet date that may detect subsequent events include _____.
asking legal counsel about any developments related to litigation, claims and assessments
reviewing selected audit documentation related to judgments and evaluating conclusions reached
reading any available interim financial statements that are available after year end
testing proper sales and purchases cutoff

Answers

Answer 1

Audit procedures occurring after the balance sheet date that may detect subsequent events include asking legal counsel about any developments related to litigation, claims and assessments.

Which steps do auditors use to spot subsequent events?

But a future occurrences review often follows the steps listed below: examining management's processes and systems for predicting future events; review of the minutes from meetings of the directors and members; reviewing accounting records, including interim data, forecasts, and budgets.

What should be included in subsequent events?

Subsequent events are events that occur after a company's year-end period but before the release of the financial statements. In other words, subsequent events are events that happen between the cut-off date and the date in which the company issues its financial statements.

When should a later event be acknowledged?

Typically, a recognized subsequent event is a lawsuit settlement that results in a loss relating to occurrences that happened before the balance sheet date.

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Related Questions

direct contact between an interest group representative and an officer of the government is

Answers

Direct contact between an interest group representative and an officer of the government is considered to be one of the most efficient ways to establish a long-term relationship with policymakers.  

Interest groups aim to influence government policy by providing content loaded with information that may persuade policymakers. In this article, we will examine the dynamics of direct contact between interest groups and government officials, including the pros and cons of such interactions.

Direct contact between an interest group representative and an officer of the government is often done through personal meetings, email correspondence, and phone conversations.  Interest groups often use direct contact to establish a relationship with policymakers, educate them on the group's policy goals, and seek policymakers' support.

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The President welcomes Pope Francis to the United States on behalf of the American people. Which role is the president carrying out?

Answers

Answer:

He's representing the United States.

Explanation:

When the President greets and welcomes the Pope to America, not only is he representing the American people, but he's also representing the United States as a whole. He is seen as Representing the United States.

Suppose that the following milestones apply to a hypothetical based on Brodgen v Metro Railway. Brogden supplies coal to Metro on a regular basis. On June 3, Brogden and Metro negotiated a draft concerning the supply of coal.
Suppose that the following transactions take place:

• April 2: Brogden shipped and Metro received 85,000 tons of coal
• May 2: Brogden shipped and Metro received 145,000 tons of coal
• May 22: Brogden shipped and Metro received 65,000 tons of coal
• June 2: Brodgen shipped but Metro received the delivery of 45,000 tons of coal
• July 2: Brogden shipped but Metro rejected the delivery of 50,000 tons of coal
• August 2: Brogden shipped and Metro received 225,000 tons of coal
• August 29: Brogden shipped and Metro received 75,000 tons of coal

Using data from [B3] below, determine damages payable using the above-identified theory & recovery basis:______________ (number)

Answers

The damages payable using the above-identified theory & recovery basis is 50000 tons.

What are damages?

It should be noted that damages are the remedy to be paid to a client as compensation.

In this case, Brogden shipped but Metro rejected the delivery of 50,000 tons of coal.

Therefore, the damages payable using the above-identified theory & recovery basis is 50000 tons.

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According to results from the Monitoring the Future survey, when did drug use among young Americans reach its highest level?

Answers

Answer:

1970s

[insert text bc Brainly wants at least 20 characters to “explain my answer well.”]

a federal court decides how your property will be distributed. c. your closest relative will receive all your property according to federal law.

Answers

The statement is incorrect. A federal court may become involved in property disputes that fall under federal law, but they do not typically decide how property will be distributed.

In most cases, property distribution is determined by state law or by a person's own estate planning documents, such as a will or trust. In the absence of a will or trust, state laws of intestacy will govern the distribution of assets. It is possible that a person's closest relative may receive all or a portion of their property, but this would be determined by state law, not federal law. A federal court may become involved in property distribution if there is a dispute involving federal law or if the case falls under its jurisdiction. However, in most cases, property distribution is determined by state law. If there is no will, your closest relative typically receives your property according to the state's intestacy laws, not federal law.

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In conveyancing Law why is identity evidence required

Answers

Answer:

The other main reason that identity checks are required is to help prevent money laundering and mortgage fraud. Solicitors who fail to follow procedures to properly identify a client can unintentionally assist in the commission of financial crime, including the funding of terrorism.


_ is the criminal equivalent of the civil tort known as false
imprisonment, in which someone is restrained by another without
consent and without any lawful right to do so.

Answers

The criminal equivalent of the civil tort known as false imprisonment is called "Unlawful Restraint" or "Unlawful Detention." Unlawful restraint occurs when one person intentionally restricts the freedom and movement of another individual without their consent and without any legal justification or authority to do so. It involves confining or restraining someone against their will, restricting their liberty and freedom of movement.

The key elements of unlawful restraint in criminal law are similar to those in the civil tort of false imprisonment. These elements include the intentional act of restraining someone, the lack of consent from the person being restrained, and the absence of any lawful authority or justification for the restraint. The act must involve a significant interference with the individual's liberty, such as physically restraining them, confining them to a specific space, or preventing them from leaving a particular area.

Unlawful restraint is considered a criminal offense because it violates an individual's fundamental right to personal liberty and freedom of movement. It is generally treated as a misdemeanor or a lower-level offense, although the severity of the offense and the potential penalties can vary depending on the jurisdiction and specific circumstances.

It is important to note that unlawful restraint is a distinct criminal offense separate from other crimes involving confinement or restraint, such as kidnapping or false imprisonment. While the elements of these offenses may overlap to some extent, unlawful restraint specifically focuses on situations where an individual is unlawfully restrained without consent and without any lawful authority to do so.

In summary, unlawful restraint is the criminal equivalent of the civil tort of false imprisonment. It involves intentionally restraining someone without their consent and without any legal right to do so. This offense infringes upon an individual's freedom of movement and personal liberty, and it is considered a criminal offense punishable under the law.

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What is racism? What’s it purpose? Is there an end game for it? Will it ever end?

Answers

racism are people who don’t like others because of their skin color. there isn’t a purpose for it. it wouldn’t ever end, there are millions of people who are racist and don’t know or realize it. racism is everywhere and anyone can develop it. there isn’t an end.

Answer:

that's a iffy question

Explanation:

there is so many views on it its like it won't cause you can look at someone and say oh he's bad oh he's good without even knowing then like there are people staring at you looking at your every move even though you have done nothing now I'm not saying it will ever end cause it can if everyone had the same perspective on thing shut we don't so thats what makes it hard

Gilbert wants to initiate a suit against Healthways Insurance Company by filing a complaint. The complaint should include

Answers

The thing which the complaint should include is b. a statement alleging the facts showing the court has jurisdiction.

What is a Lawsuit?

This refers to the class action that is filed by a person or company against another in a law court, seeking redress.

Hence, we can see that based on the tenets of law, if Gilbert wants to initiate a lawsuit against Healthways Insurance Company by filing a complaint, he should include a statement alleging the facts showing the court has jurisdiction.

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Brown v. Board, Main points, argument, and violations. I am expecting a decent paragraph! (10 Sentence!) Majority Opinion for the brief also!

Answers

Answer:

The Supreme Court's opinion in the Brown v. Board of Education case of 1954 legally ended decades of racial segregation in America's public schools. Originally named after Oliver Brown, the first of many plaintiffs listed in the lower court case of Brown v. Board of Education of Topeka, KS, the landmark decision actually resolved six separate segregation cases from four states, consolidated under the name Brown v. Board of Education. While the attorneys originally argued the cases on appeal to the Court in 1952, the featured document, School Segregation Cases - Order of Argument, offers a window into the three days in December of 1953 during which the attorneys reargued the cases.

A reargument was necessary because the Court desired briefs from both sides that would answer five questions, all having to do with the attorneys' opinions on whether or not Congress had segregation in public schools in mind when the 14th amendment was ratified. The document lists the names of each case, the states from which they came, the order in which the Court heard them, the names of the attorneys for the appellants and appellees, the total time allotted for arguments, and the dates over which the arguments took place.

The first case listed, Briggs v. Elliott, originated in Clarendon County, South Carolina, in the fall of 1950. Harry Briggs was one of twenty plaintiffs who were charging that R.W. Elliott, as president of the Clarendon County School Board, violated their right to equal protection under the fourteenth amendment by upholding the county's segregated education law. Briggs featured social science testimony on behalf of the plaintiffs from some of the nation's leading child psychologists, such as Dr. Kenneth Clark, whose famous doll study concluded that segregation negatively affected the self-esteem and psyche of African-American children. Such testimony was groundbreaking because on only one other occasion in U.S. history had a plaintiff attempted to present such evidence before the Court.

Explanation:

Can ABC agents arrest an individual for criminal violations of the laws pertaining to alcoholic
beverages?
O a. No, they only investigate civil complaints
O b. No, they must work with local law enforcement to make an arrest
O c. No, they can only issue written warnings
Od. Yes, as they are sworn peace officers
E

Answers

Yes,  ABC agents arrest an individual for criminal violations of the laws pertaining to alcoholic beverages: d. Yes, as they are sworn peace officers.

Who is an ABC agents?

ABC agent are the agents whose role and responsibility is to prevent excessive drinking of alcohol or  the abuse of alcohol beverage.

Hence, option D is correct because ABC Agents are sworn peace officers who help to conduct criminal investigation and to arrest those  who violated alcohol beverage law.

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What role did the United Nations Declaration, the United Nations Charter, and the Universal Declaration on Human Rights play in establishing international human rights law?

Answers

The United Nations Declaration, the United Nations Charter, and the Universal Declaration on Human Rights played major roles in establishing international human rights law all over the world.

Read below for further details

United Nations Declaration

The United nations declaration an international human rights confers several fundamental rights to everyone.

This Universal Declaration includes civil and political rights, like the right to life, liberty, free speech and privacy. It also includes economic, social and cultural rights, like the right to social security, health and education.

   It is on the basis of the UN declaration that individual countries formulated their human rights.

  Any violations to the aforementioned rights by the government of any country in the world may result to prosecution  at the international criminal court.

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Comente sobre a importância dos Direitos Humanos para o Estado Democrático de Direito e seus fundamentos na efetividade dos direitos fundamentais.

Answers

Answer:

Respect for human rights and fundamental freedoms and the principle of holding ... The Rule of Law and Democracy Section stands as OHCHR focal point for ... Since its establishment in 2006, the Human Rights Council (successor to the ... relevant intergovernmental bodies and international organizations, published a .

Explanation:

CANADIAN LAW - What are three reasons why intoxication shouldn’t be used as a defence in a court of law?

Answers

Three reasons why intoxication shouldn’t be used as a defense in a court of law include:

Intoxication does not excuse criminal behavior.It is not fair to the victim to use intoxication to escape justice.Intoxication does not necessarily negate intent or premeditation

Why is intoxication not a defense ?

A person is still responsible for their actions, even if they were under the influence of drugs or alcohol at the time of the crime. Intoxication can be used as a way to escape responsibility for committing a crime, which is not fair to the victim or society as a whole.

The presence of intent or premeditation, which are crucial elements in establishing the seriousness of a crime, is not always disproved by intoxication.

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Staff interaction in a childcare setting from which the child learns by example and instruction is known as

Answers

Answer:

Behavior modeling.

Explanation:

Behavior modeling is a therapeutic process that is focused on changing any undesirable negative behavior in an individual through the use of positive or negative consequence and biofeedback.

This simply means that, reinforcing desired behaviors in an individual while withholding reinforcement for any form of undesired behavior is achieved through the process of behavior modeling.

Behavior modeling is typically based on operant conditioning principles, through negative or positive reinforcement, undesirable behaviors developed by an individual are mainly replaced with more desirable ones.

Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior.

Additionally, behavior modeling can also be used to correct human behaviors or disorders such as enuresis (bed-wetting), Obsessive-Compulsive Disorder (OCD), generalized anxiety disorder, Attention-Deficit/Hyperactivity Disorder (ADHD), phobias, etc.

Hence, staff interaction in a childcare setting from which the child learns by example and instruction is known as behavior modeling.

2. Do you think imprisonment is the only way to rehabilitate a person who violated a law? Why or why not

Answers

Answer:

Imprisonment is not the only way to rehabilitate a person who violated the law, since there are alternative penalties to prison, such as fines, bonds, jobs and collaborations in non-profit social entities and victim reparation systems. In all these cases, the defendant receives a penalty, but this is not the prison but an alternative to it, which still puts him at a disadvantage compared to the rest of society as a result of his non-compliance of the law, but due to the low severity of the crime, the defendant does not deserve a prison sentence.

An officer grabs a reluctant suspect by the arm and escorts the suspect to the police
vehicle. In the use of force continuum, this is an example of
non-verbal
command
hard hand
soft hand

Answers

Answer:

hard hand

Explanation:

what are legal responsibilities associated with financial exchanges

Answers

Legal responsibility=the officially recognized acs enforced by the gov and conducted by a business or individual in exchange for goods or services. financial capacity to pay; rules and regulations to govern acceptable conduct in securities exchanges.

the landmark supreme court decision united states v. heller ruled that

Answers

this decision ruled that the Second Amendment guarantees one the right to possess a firearm(s) unconnected to the military and military service, including for self-defense and in their home

What is the 14 Day Rule:

Answers

Answer:

Explanation:

The '14-day law' is fundamental to the administration of human embryo science. While applied in various forms in different nations, nature remains the same everywhere the cap applies: it stipulates that human embryos can not be produced in vitro for more than 14 days after fertilization, for any reason.

a negotiable instrument is a written document containing the signature of the creator that makes an unconditional promise or order to pay a sum certain of money . to a third party vendor at either a time certain or on demand as a promissory agreement to a bank to a guarantor

Answers

A signed paper that promises to pay a certain amount to a particular person or the assignee is referred to as a negotiable instrument.

To put it another way, it is a formalised variety of a transferable, signed document that makes a promise to pay the bearer money at some point in the future or immediately upon request. It is a document that is either envisioned by or is a part of a contract that guarantees the unconditional payment of money and may be paid either immediately upon demand or at a later time. When made payable to the bearer, negotiated instruments are transferrable by delivery. When made payable to an order, they are transferrable by delivery and endorsement. Even though the transferor had a bad or no title, the transferee obtains a good title.

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To release an individual from legal punishment is to A. give a reprieveB. serve with an executive orderC. pardonD. give amnesty.

Answers

To release an individual from legal punishment is to give a reprieve.

The correct option is A.

A pardon is an executive action that absolves the person who is the subject of it from punishment.

Article II of the Constitution, which states that the president "shall have power to issue reprieves and pardons for acts against the United States, except in situations of impeachment," is the foundation for the president's pardon authority.

In contrast to a commutation, which reduces or eliminates a person's sentence, a pardon absolves the offender of all responsibility.

A pardon erases the conviction from the record, treating the individual who was convicted as though they were innocent. An elderly, redeemed individual may receive a pardon years after serving their sentence to clear their record.

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typically, the most important elections on a state’s political calendar are

Answers

Typically, the most important elections on a state's political calendar are the gubernatorial elections, state legislative elections, and midterm elections.

Gubernatorial elections allow voters to choose the chief executive of their state, who wields considerable power and influence over a range of issues, including education, healthcare, economy, and public safety. These elections often attract significant attention, media coverage, and campaign spending, as they shape the political landscape and can have long-lasting impacts on the state's trajectory.

The outcomes of gubernatorial elections can also have broader implications for national politics, as state governors play a crucial role in shaping policy debates and party dynamics at the federal level.

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extortion of public officials is called extortion under color of official right. T/F

Answers

True. Extortion of public officials is indeed called "extortion under color of official right."

"Extortion under color of official right" refers to the act of public officials unlawfully obtaining property or money from others by exploiting their position and authority. This term is commonly used in legal contexts to describe situations where public officials abuse their power to demand bribes, kickbacks, or other forms of illicit benefits in exchange for performing their official duties or granting favors. It is a form of corruption that involves the misuse of public office for personal gain. Therefore, it is accurate to state that the extortion of public officials is referred to as "extortion under color of official right."

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which perspective emphasized that a person's criminal nature was an inherited characteristic?

Answers

The perspective emphasized that a person's criminal nature was an inherited characteristic is early biological theories.

What is the  criminal nature

The idea that someone's tendency to commit crimes comes from their genes is called biological determinism or biological positivism. This viewpoint suggests that criminal behavior is mainly caused by things like genes, how the brain is structured, and other physical characteristics.

According to this idea, people who have certain traits from their parents are more likely to commit crimes. Their criminal actions are believed to be caused by their genes rather than things like society or their surroundings.

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evidence that is acquired through the use of illegally obtained evidence and is therefore inadmissible in court is called: aj

Answers

Answer:

Exclusionary Rule

Explanation:

Katelyn dresses up as a vampire and wants to try out her scare tactics on her roommate, Joan, who has no idea about Katelyn's plans. Katelyn
approaches Joan as she is sleeping and whispers menacingly, "I want to suck your blood!" Joan wakes up screaming and crying, terrified that there
truly is a vampire in her room.
- battery
-assault
- intentional infliction of emotional distress

Answers

It is possible to classify Katelyn's behaviour as intentional infliction of emotional distress.

What is intentional infliction of emotional distress?

A tort (a type of civil wrong) known as intentional infliction of emotional distress is when someone purposefully or recklessly causes severe emotional distress to another person. Physical assault, threats, humiliation, or other extreme and outrageous behaviour are just a few examples of this type of behavior's many manifestations. To prove intentional infliction of emotional distress, the victim must show that the defendant's actions were extreme and outrageous, that the defendant intended to cause severe emotional distress, and that the victim actually suffered severe emotional distress as a result. It can be challenging to establish that a defendant intentionally caused emotional distress, and there must be solid proof that their actions were both deliberate and unreasonable.

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Consider the society/country you live in, or another other country with which you are familiar. Evaluate
that country according to substantive and procedural fairness, and consider which aspects of fairness you
would prioritise.
(a). To make the country fairer (according to the substantive judgement of fairness),
(i). do you prefer greater equality of income, happiness, or freedom? Why? [10]
(ii). Is there a trade-off between these aspects?

Answers

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The European Union is an example of which of the following?
A. A tax
B. A trade agreement
C. A law
D. A statute

Answers

Answer:

A trade agreement

Explanation:

Answer:

B. A trade agreement

Explanation:

In which type of jurisdiction does a sovereign
have power over a defendant because the
defendant is accused of engaging in an act either
in or through contact with the place in which the
court is located?
Oa. venue
4
Ob. concurrent jurisdiction
Oc. subject matter jurisdiction
Od. personal jurisdiction

Answers

Answer:

b which is concurrent jurisdiction

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