The Supreme Court has held that the Sentencing Guidelines:

a. are unconstitutional b. are advisory
c. must be followed closely in criminal cases
d. must be followed closely in cases of crimes by corporations e. none of the other choices


b

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A deficiency that implies that there is a reasonable possibility of misstatement in the financial statements that is significant but not material is:

A. a significant deficiency. B. a probable deficiency. C. an insignificant deficiency. D. a material weakness.

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______ is a set of standard tests for fairness in disciplinary actions that were originally utilized in union grievance arbitrations.

A. Just Cause B. Serious Misconduct C. Coaching D. Gross Negligence

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The concept of _____ includes both the power, or capacity, to direct the strategic, operating, investing, and financing activities of another entity, and the ability to benefit from increases in the value of the other entity and to incur losses from decreases in value

a. ownership b. management c. significant influence d. control e. state governance

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Which of the following is most likely to constitute fraud?

a. A false prediction that a painting's value will rise. b. A false statement that a used car is "the best deal in town." c. A false statement that a $30,000 car attracts members of the opposite sex. d. Silence as to a toxic waste problem on real property that the buyer would not reasonably find.

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