If the Content of a Statement Relates to a Startling

question 22

Multiple Choice

If the content of a statement relates to a startling event or condition, and the statement was made while the declarant was under the stress cause by the event or condition, then this statement is admissible whether or not the declarant is available as a witness.

• A) excited utterance exception
• B) recorded recollection
• C) "silent hound" exception
• D) forgetful declarant

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating expenses, have been subtracted from total revenue.

Accounts Payable

Money owed by a company to its creditors for goods and services that have been received but not yet paid for.

Depreciation Expense

The allocation of an asset's cost over its useful life, reflecting the asset's consumption, wear, and tear.

Dividends Paid

The total amount of earnings distributed by a company to its shareholders as a reward for their investment.