A Witness on the Stand Swears That He Saw Someone

question 111

Multiple Choice

A witness on the stand swears that he saw someone commit a crime. Must you believe that the testimony is valid when a witness testifies so forcefully?

• A) Yes, because seeing is believing.
• B) No, because eyewitnesses are not usually honest.
• C) Yes, because eyewitnesses are very confident about their testimony.
• D) No, because there is a great possibility of a "false positive" identification.

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Definitions:

Operating Activities

The day-to-day activities of a business related to producing and selling its product, providing services, or other activities that are not investing or financing.

Common Size Income Statement

An income statement in which each line item is expressed as a percentage of sales revenue, facilitating comparison across companies or periods.

Percent of Assets

A measure or indicator expressed as a percentage of a company's total assets.

Interest Coverage Ratio

A financial metric used to determine how easily a company can pay interest on outstanding debt with its current earnings before interest and taxes.