If auditors discover that company officers have committed an illegal act, they must immediately report this wrongdoing to the SEC
Indicate whether the statement is true or false
F
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Gage began a defined benefit pension plan on January 1, 2015. During 2015, the service cost was $450,000. Gage contributed $450,000 to the pension plan for 2015. The actuary said the projected benefit obligation at December 31, 2015 was $450,000. As of December 31, 2015, what statements can Gage make about the pension plan? I. The pension plan is fully funded. II. Gage does not need to report a
liability regarding the pension plan at December 31, 2015. ? A) I B) II C) both I and II D) neither I nor II
The current interest rate on a one-year bond is 4 percent and the current rate on a two-year bond is 4.4 percent. If the expectations theory of the term structure is correct, what is the one-year interest rate expected during Year 2? That is, compute the rate that is expected to exist only during Year 2. (Base your answer on an arithmetic average rather than a geometric average.)
A. 4.8% B. 4.2% C. 4.4% D. 0.4% E. 8.4%
Answer the following statement(s) true (T) or false (F)
1. Laissex-faire management could be a “silent killer” of strategy implementation. 2. Real-time strategic change causes a delay in the pace of change. 3. Scenario planning is simple in concept to explain as well as carry out or facilitate. 4. Most structural designs will achieve all criteria related to the 9 tests. 5. The purpose of an OD intervention in a large system is to make lasting change in the character and performance of an organization.
Protectionism refers to
A. the use of tariffs, quotas, and boycotts with the express intention of putting foreign competitors out of business. B. a form of domestic imperialism that holds that only those products manufactured within one's home nation are of sufficient quality to warrant purchase. C. the practice of shielding one or more sectors of a country's economy from foreign competition through the use of tariffs or quotas. D. the practice of purchasing products exclusively from a domestic market in order to shore up a nation's economy. E. the practice of purchasing products exclusively from a foreign developing country in order to develop its industries and economic infrastructure.