According to the ______ Act, CEOS must personally attest to accuracy of financial statements.
Fill in the blank(s) with the appropriate word(s).
Sarbanes-Oxley
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Which of the following is NOT true of the specific purpose?
a. It should be stated as an infinitive phrase. b. It should be clear and concise. c. It should be for your personal use. d. It should focus on two or three related ideas.
You are contemplating starting a business in the next few months. You have expertise in both goods-based and services-based businesses, but aren’t sure which route to take. You are, however, determined to develop jobs for the small factory town in which you grew up.
a. Demand for consumer services has grown more rapidly than for business services. b. Demand for consumer services and business services are growing by approximately the same rate. c. Demand for consumer services is expected to surpass the demand for business services over the next 10 years. d. Demand for both consumer services and business services are expected to decline over the next 10 years. e. Demand for business services has grown more rapidly than for consumer services.
Rose Corporation sells backpacks. Variable costs for this product are $30 per unit, and the sales price per unit is $50 per unit. Total fixed costs amount to $100,000. How many backpacks does Rose need to sell to achieve a desired profit of $60,000?
A. 2,000 units B. 5,000 units C. 8,000 units D. 5,333 units
The present value of an investment increases as the opportunity cost rate increases.
Answer the following statement true (T) or false (F)