Small businesses account for ________ of the gross domestic product (GDP).
A. 68 percent
B. 44 percent
C. 82 percent
D. 21 percent
E. 32 percent
Answer: B
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Which of the following is an example of an integrity violation of e-commerce security?
A. A website is not actually operated by the entity the customer believes it to be. B. A merchant uses customer information in a manner not intended by the customer. C. A customer denies that he is the person who placed the order. D. An unauthorized person intercepts an online communication and changes its contents.
Available-for-sale debt securities are valued on the balance sheet at
a. cost, adjusted for the effects of interest. b. maturity value. c. fair value. d. original cost.
After notice-and-comment rulemaking, the U.S. Bureau of Land Management (BLM) issues a new rule and applies it to Clearcut Timber Company. Clearcut appeals the application to a federal court. The court will most likely defer to the BLM's interpretation of
a. the facts and the law. b. the agency's authority. c. procedural requirements. d. the Constitution.
In the United States, the government agency requiring that firms, which sell securities in public markets, adhere to standard accounting principles and disclose information about their sales, assets, and earnings is the
A) Federal Corporate Securities Commission. B) Federal Trade Commission. C) Securities and Exchange Commission. D) U.S. Treasury Department. E) Federal Reserve System.