The "discovery" stage of a trial includes which one of the following?
a. Production of documents.
b. Written interrogatories.
c. Depositions.
d. All of these.
d
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It is unlikely that greater control by shareholders will lead to greater corporate social responsibility because:
A. many shareholders have access to the information necessary to closely monitor the noneconomic performance of a company. B. shareholders will have the power to adopt resolutions binding the corporate managers. C. there is a definite chance that the values of "ethical" shareholders would be representative of society as a whole. D. many shareholders are motivated by profit maximization and are unlikely to approve corporate actions contrary to that end.
When financial statements contain a material, unjustified departure from GAAP, which of the following is contained in the audit report?
a. A Qualification: Yes; An Explanatory Paragraph After the Opinion Paragraph: No. b. A Qualification: Yes; An Explanatory Paragraph After the Opinion Paragraph: Yes. c. A Qualification: No; An Explanatory Paragraph After the Opinion Paragraph: Yes. d. A Qualification: No; An Explanatory Paragraph After the Opinion Paragraph: No.
Harold was caught lying about his worked hours on a time sheet, admonished, and allowed to stay on at the company. What type of company cost related to Harold will rise now that the incident has already occurred?
a. costs due to loss of company time b. public reputation c. monitoring costs d. lost salary costs
As recommended by the text, when should the last step in the code development process--code revision--occur?
a. a few weeks to a month after adoption b. constantly c. annually d. with every ethics training workshop