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Author Question: Which of the following is a typical example of document dumping in litigation? A) Big Farm, Corp. ... (Read 67 times)

corkyiscool3328

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Which of the following is a typical example of document dumping in litigation?
 
  A) Big Farm, Corp. reported that it has shredded all the original invoices provided by a particular vendor.
  B) Nyntal, Inc. kept all its old receipts, copies of contracts and agreements, bank slips and all other documents, created right from the inception of the company, in a separate warehouse.
  C) Sara requested Wilmerry, Inc. to produce four bank slips relating to the transactions under scrutiny. Wilmerry gave her all the bank slips of last two years.
  D) Quinn agreed with Kensington, Corp. to destroy the findings of the engagement and drown the documents collected during the investigation for a monetary benefit.

Question 2

The first step in the posting process is recording the
 a. journal page number in the ledger account.
   b. ledger account number in the journal.
   c. date in the ledger account.
   d. explanation in the journal.
   e. debit account and amount.



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abctaiwan

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Answer to Question 1

C
Explanation: C) In litigation, rather than failing to disclose a requested document, a party may choose to disclose it amid a volume of other irrelevant documents. This is a practice known as document dumping or drowning with documents.

Answer to Question 2

c




corkyiscool3328

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review


hramirez205

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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