Which of the Following General Statements Is Not Correct -

question 34

Multiple Choice

Which of the following general statements is not correct -

• A)you can change the selling price for individual sales by editing the price column
• B)when a customer returns merchandise the HST charged on sales is debited in the sales return entry
• C)enter purchase returns in the adjustments journal to show the decrease in inventory
• D)freight expenses that are linked to a single inventory item may be added to the purchase price for the item

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Definitions:

Standard Of Proof

The burden that the plaintiff or prosecution must meet in presenting their case; the measure by which evidence is judged to show a “preponderance of evidence” in a civil action and “beyond a reasonable doubt” in a criminal case.

Criminal Law

The branch of law that defines criminal offenses, regulates the apprehension, charging, and trial of alleged offenders, and establishes penalties and modes of treatment applicable to convicted offenders.

Prohibited Act

An action that is forbidden by law, regulations, or policies, often leading to penalties or sanctions if violated.

Living Will / Advanced Directives

Legal documents that allow individuals to outline their preferences for medical treatment in case they are unable to make decisions for themselves in the future.