Liquidity premiums reflect the risk associated with firms that possess few liquid assets

Indicate whether the statement is true or false


FALSE

Business

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Which of the following is not an issue to be addressed in a business code of ethics required by the SEC?

a. Conflicts of interest b. Full and Fair Disclosures c. Legal Compliance d. Internal Reporting of Code Violations e. All of the above are issues to be addressed

Business

Refer to the following bank reconciliation:


Journalize the adjusting entry for the second reconciling item: Interest revenue. Omit explanation

Business

Answer the following statements true (T) or false (F)

1. When using a computerized accounting information system, transactions do not need to be recorded in a debit and credit format. 2. When using a computerized accounting information system, sales transactions are only recorded when the cash is received. 3. When using Quickbooks, the Vendors tab is used to record a bill that has been received. 4. When using Quickbooks, the software automatically transfers the amounts from the general ledger to Excel. The accountant can then prepare the financial statements.

Business

Which of the following leadership theories emphasizes the specific relationship between the leader and each subordinate?

A. transformational leadership theory B. path-goal leadership theory C. situational leadership theory D. leader-member exchange theory

Business