Characteristics of a Common Law System Include Which of the Following

question 57

Multiple Choice

Characteristics of a common law system include which of the following?

• A) A common law system relies heavily on comprehensive legislative enactments and an inquisitorial system of determining disputes.
• B) In a common law system, the judiciary initiates litigation, investigates pertinent facts, and conducts the presentation of evidence.
• C) The common law system prevails in most of Europe and Scotland.
• D) A common law system relies heavily on the judiciary as a source of law and on the adversary system for settling disputes.

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Definitions:

Accounting Records

Documents and books that keep track of all financial transactions of an entity.

Certification

A formal process by which an individual or system is verified to meet certain predefined criteria, often related to quality, education, or skills.

Accountants

Accountants are professionals who carry out accounting tasks, including auditing, financial statement analysis, and advice on financial planning.

CISA

Certified Information Systems Auditor, a professional certification for information technology audit professionals.