Adjudicated water rights may be taken from an owner involuntarily for public use by

a. condemnation
b. severance
c. water court decree
d. suit for partition

Answer: a. condemnation

Business

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Pledges of accounts receivable are never made on a notification basis because the lender does not trust the borrower to collect the pledged account receivable and remit these payments as they are received

Indicate whether the statement is true or false

Business

Corporate policies designed to attract, train, and evaluate competent employees are considered to be control activities in the COSO framework for internal controls

a. True b. False Indicate whether the statement is true or false

Business