Assuming Res Ipsa Loquitur Applies,what Is the Effect of That

question 93

Multiple Choice

Assuming res ipsa loquitur applies,what is the effect of that doctrine?

• A)It requires a finding of negligence.
• B)It prohibits a finding of negligence.
• C)The burden of proof shifts to the plaintiff.
• D)The burden of proof shifts to the defendant.
• E)The burden of proof rises to proof beyond a reasonable doubt.

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Definitions:

Direct Method

A way of preparing the cash flow statement where actual cash flow information from the company's operations section is used rather than being derived from the income statement.

Prepaid Expenses

Costs paid for in advance of their use or consumption, recorded as assets on a balance sheet and gradually expensed over the period of use or benefit.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of office staff, rent, and utilities.