In a criminal proceeding, what is the difference between an indictment and an information?
A) Guilt or innocence is determined in an indictment, but not in an information.
B) An indictment requires proof beyond a reasonable doubt, but an information does not.
C) A grand jury issues an indictment, but does not issue an information.
D) The defendant is charged with a crime in an indictment, but not in an information.
C
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Which of the following is INCORRECT about the Statement of Cash Flows?
(a) The direct method may be used to report cash provided by operating activities (b) The statement shows the cash provided (used) for three categories of activity (c) The operating section is the last section of the statement (d) The indirect method may be used to report cash provided by operating activities
Which of the following statements is FALSE?
A) a person who declares bankruptcy and then earns income before they are discharged may have the time period for discharge extended to 21 months B) if you declared bankruptcy and have not yet been discharged, extra debts you incur will not be discharged by that bankruptcy if you failed to warn the creditor of your bankrupt status C) a corporation that declares bankruptcy is not discharged from its debts unless the debts are fully paid off D) a person may be able to keep some money in an RRSP or RRIF even if they declare bankruptcy E) an income tax debt of $175,000 cannot be discharged in a personal bankruptcy