
ALP Review 3
Authored by RACHAEL CLINE
Specialty
12th Grade
Used 35+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Anything which produces digital information, from the perspective of systems which consume this information is known as
Input Device
Data Source
Central Processing Unit
Hardware
2.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Many law firms use ____ software for analyzing financial and statistical data.
Spreadsheet
Word
PowerPoint
Presentation
3.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
A payee is anyone who
Receives a check
Writes a check
Endorses a check
Witness to writing a check
4.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
A document that itemizes fees and costs billed in a given matter or to a given client is known as
Billing Format
Time Entry
Cost Entry
Balance
5.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Many law firms maintain a ____ fund which is used to pay small amounts for which a firm check is not appropriate, either because of requisitioning a check may take too long, or because there may be a need to make a payment where a check would not be accepted?
Bank Draft
Trust Fund
Bank Draft
Petty Cash Fund
6.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
Which of the following best defines a retainer?
The amount a borrower promises to pay that is written on the face of a note
A type of compensation agreement with lawyers either for reserving their employment or as compensation for future services.
a type of fee arrangement in a case in which an attorney or firm agrees that the payment of legal fees will be contingent upon the successful outcome of the case
Having the bank draw a cashier's check
7.
MULTIPLE CHOICE QUESTION
30 sec ⢠1 pt
A reference to legal authorities and precedents to establish or fortify a case at law is known as
Secondary Authority
Pocket Part
Annotation
Citation
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