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ALP Review 3

Authored by RACHAEL CLINE

Specialty

12th Grade

Used 17+ times

ALP Review 3
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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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