Which type of business market tends to have the most complex buying procedures?

A. Reseller
B. Institutional
C. Retailer
D. Government
E. Producer


Answer: D

Business

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A member of the AICPA must safeguard the confidentiality of client information. Which of the following is not a valid reason to disclose information to non-clients?

a. To discuss information relating to inadequate disclosure in an audit report. b. To comply with a validly issued and enforceable subpoena or summons. c. To accommodate the review of client audit work papers under AICPA, PCAOB, or State Board of Accountancy authority. d. To explain to members of the press whether a client is likely to miss payroll in the forthcoming periods.

Business

At a shareholder meeting, there must be:

a. a manager b. at least three company employees c. a quorum d. at least 1/3 of the total shares present e. none of the other choices are correct

Business

The losing party in a jury trial is usually required to pay court costs, the other party's legal fees, and a monetary judgment

Indicate whether the statement is true or false.

Business

In the securities market, what is a capital gain?

What will be an ideal response?

Business