Which of the following is true about a memorandum?
A) It must be favorable to the client.
B) It must be favorable to the plaintiff.
C) It must be favorable to the defendant.
D) It must be neutral and objective.
D
Business
You might also like to view...
When preparing a the operating section of the statement of cash flows using the indirect method, which of the following items are added to net income?
A) decrease in accounts payable B) unrealized gains on trading securities C) loss on sale of equipment D) increase in merchandise inventory
Business
Which of the following is considered an investing activity when preparing the statement of cash flows?
A) a purchase of equipment B) a payment on an equipment note C) sale of common stock D) payment of interest on a bond issue
Business