Which of the following factors are identified as contributing to the phenomenon of firms being ‘born global’:
a. Increasingly global market conditions
b. New developments in transportation and communication technologies
c. An increase in the available number of people with international experience
d. All of the above
d. All of the above
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Answer the following statements true (T) or false (F)
1. Depending on its size, a stock dividend may cause the company's market price to rise because of the increased supply of stock. 2. Stock dividends are distributed to stockholders in proportion to the number of shares that stockholders already own. 3. The declaration of a stock dividend creates a liability for the corporation. 4. Small stock dividends are accounted for at the stock's par value. 5. A stock split decreases par value per share, whereas stock dividends do not affect par value per share.
Answer the following statements true (T) or false (F)
1. An external auditor is responsible for assessing the effectiveness of a company's internal controls. 2. In an audit report in the annual report, a qualified opinion states that the financial statements are presented fairly in all material respects. 3. An adverse opinion is issued if the auditor finds that the financial statements are not presented fairly. 4. Horizontal analysis is the study of percentage changes in line items in comparative financial statements. 5. Horizontal analysis compares the change in each statement item from one year to the next.
If a management accountant gives information about a future merger of his or her company to a relative, the accountant has acted unethically
Indicate whether the statement is true or false
Jenna is working on a challenging customer problem with Carlos. Jenna observes on her smartphone that she has an important call
She is demonstrating good interpersonal skill by saying to Carlos, "Excuse me for a moment, but my call is more important than you at the moment." Indicate whether the statement is true or false.