Match each organization with its definition by indicating the corresponding letter in the spaces below
a. AICPA
b. FASB
c. GASB
d. IASB
e. IRS
f. IMA
g. SEC
________ 1 . Responsible for interpreting and enforcing tax laws
________ 2 . Establishes standards for state and local governments
________ 3 . Developer of international accounting standards
________ 4 . Consists mainly of industrial accountants
________ 5 . Protector of the investing public
________ 6 . Current authoritative body for developing GAAP
________ 7 . The accounting profession's main organization of certified public accountants
1 . e 5 . g
2 . c 6 . b
3 . d 7 . a
4 . f
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The management department at a local university began posting all assignments and other class materials to a course management website instead of creating a packet for students to purchase each term. This is a(n) ______ innovation.
A. practice B. product C. process D. adaptive E. reactive
Of the five dimensions of service quality, the ability to convey trust and build a customer's confidence in the quality of a service refers to ________.
A. reliability B. responsiveness C. assurance D. empathy E. tangibles
The market-to-book ratio is determined by
A) multiplying EPS by book value. B) dividing market price by book value. C) multiplying market price by book value. D) taking the average of market price and book value.
The parties to a contract must have capacity for the contract to be enforceable
Indicate whether the statement is true or false