EM
Emily Mohrmann
Answers (8)
EM
Answered
In the circular-flow diagram,the product market is where:
A) firms buy goods and services.
B) firms buy resources used to produce goods and services.
C) households buy goods and services.
D) households buy resources used to produce goods and services.
A) firms buy goods and services.
B) firms buy resources used to produce goods and services.
C) households buy goods and services.
D) households buy resources used to produce goods and services.
On Jul 04, 2024
C
EM
Answered
The problems typically associated with meetings include all of the following except
A) people arrive late, leave early, and don't take things seriously.
B) the meeting is too short.
C) people don't stay on topic.
D) nothing happens when the meeting is over; no one puts decisions into action.
E) things never get better; the same mistakes are made meeting after meeting.
A) people arrive late, leave early, and don't take things seriously.
B) the meeting is too short.
C) people don't stay on topic.
D) nothing happens when the meeting is over; no one puts decisions into action.
E) things never get better; the same mistakes are made meeting after meeting.
On Jun 30, 2024
B
EM
Answered
The Sarbanes-Oxley Act prohibits registered public accounting firms from engaging in non-auditing acts for their auditing clients. List any six such non-auditing acts currently prohibited.
On Jun 04, 2024
Following are the currently prohibited acts. Students should list six.
• Bookkeeping.
• Financial information systems design and implementation.
• Appraisal or valuation services.
• Actuarial services.
• Internal-audit outsourcing services.
• Management functions or human resources.
• Broker or dealer, investment adviser, or investment banking services.
• Legal or expert services unrelated to the audit.
• Bookkeeping.
• Financial information systems design and implementation.
• Appraisal or valuation services.
• Actuarial services.
• Internal-audit outsourcing services.
• Management functions or human resources.
• Broker or dealer, investment adviser, or investment banking services.
• Legal or expert services unrelated to the audit.
EM
Answered
Allocative efficiency occurs where the collective sum of consumer and producer surplus is at a maximum.
On May 31, 2024
True
EM
Answered
The top management at Lion Manufacturers decides to search its employees on the job. However, Rajat, Lion's HR manager, believes that it could generate privacy issues. Which condition would strengthen Rajat's belief and maximize the likelihood of a lawsuit?
A) if the search is done after asking for the employees' consent
B) if the search policy is publicized and applied and carried out consistently
C) if the search includes random legal and permissible searches of desks, lockers, and toolboxes
D) if the search is a random check, and it is clarified that no one has been accused of misdeeds
E) if the search involves communications, such as e-mails, that are searched without probable cause
A) if the search is done after asking for the employees' consent
B) if the search policy is publicized and applied and carried out consistently
C) if the search includes random legal and permissible searches of desks, lockers, and toolboxes
D) if the search is a random check, and it is clarified that no one has been accused of misdeeds
E) if the search involves communications, such as e-mails, that are searched without probable cause
On May 01, 2024
E
EM
Answered
The mission of ________ is to foster a growing, competitive, knowledge-based Canadian economy.
A) Industry Canada
B) the Competition Bureau
C) the Superintendent of Bankruptcy
D) the Canadian Consumer Handbook
E) the Sale of Goods Act
A) Industry Canada
B) the Competition Bureau
C) the Superintendent of Bankruptcy
D) the Canadian Consumer Handbook
E) the Sale of Goods Act
On Apr 30, 2024
A
EM
Answered
Under Article 2 of the UCC, which of the following consists of the passing of title from the seller to the buyer for a price?
A) A lease
B) A transaction
C) A transfer of use
D) A sale
E) A negotiated transfer
A) A lease
B) A transaction
C) A transfer of use
D) A sale
E) A negotiated transfer
On Apr 29, 2024
D