At the ________, the organization releases finished goods and services into its external environment where customers purchase them

Which of the following statements is true regarding civil law?

a. It draws from an English tradition. b. The judge interprets the law and considers the concept of precedent, or previous decisions. c. It naturally adapts to changes in technology and modern contexts as precedents accumulate. d. It involves more interpretation that can produce conflict with multiple views on the application of the law in question. e. The rules are spelled out in detail, and judges are responsible for applying the law to the given case.

The set of rules and regulations that govern the content and format of financial statements is called Government Acceptable Procedure (GAP).

a. true b. false