What positive perception do employers typically have of older employees?

A. enthusiastic towards new technology
B. open to change
C. strong work ethic
D. flexible and adaptable


Answer: C

Business

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To provide for the greatest degree of independence in performing internal audit activities, the internal audit function most likely should report to the:

A. audit committee of the board of directors. B. corporate stockholders. C. vice-president-finance. D. corporate controller.

Business

Marco Insurance acquired shares of Penny Systems' common stock on December 28, 2013, for $400,000 and classified them as trading securities. The fair value of these securities on December 31, 2013, was $402,000 . Marco Insurance sold these shares on January 3, 2014, for $405,000. (Refer to the Marco Insurance) The journal entries to record acquisition of trading securities on December 28, 2013

a. Cash..................................................... 400,000 Marketable Securities.....................................400,000 b. Other Comprehensive Income..............400,000 Marketable Securities.....................................400,000 c. Marketable Securities..........................400,000 Other Comprehensive Income....................... 400,000 d. Marketable Securities..........................400,000 Cash................................................................400,000 e. Marketable Securities..........................400,000 Net Income.....................................................400,000

Business

Which of the following statements about standards is False?

a. The difference between actual quantity, price or rate and its related standard is called a fluctuation. b. The quantity variances show how much money the company lost (or saved) because the used a different amount of material than they planned to use. c. The rate variance shows how much money the company lost (or saved) because they paid the employees a different amount per hour than they planned to pay. d. Choices b and c are both true.

Business

What is the difference between a holder and holder in due course?

What will be an ideal response?

Business