What sort of liability does an accountant have under the Securities Exchange Act of 1934?
A) Civil liability where there is scienter
B) Criminal liability where there is a willful violation
C) Both of these are correct.
D) Neither of these is correct.
C
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Sales to customers who use bank credit cards, such as MasterCard and VISA, are generally treated as credit sales
Indicate whether the statement is true or false
As the level of centralization increases in an organization, the probability of _____ also increases.
A. the upper echelon losing power B. the strategic decision process being initiated by lower-level managers C. dependence on middle-level management D. the decision process being goal-oriented and rational
________ I have your attention?
a. Can b. May
?Assuming everything else equal, one of the concepts to consider to make sound financial decisions is that _____.
A. ?the riskier assets always have lower market value B. ?the riskier assets are more valuable than (preferred to) less risky assets C. ?the sooner cash is received, the more valuable it is D. ?investors always prefer short-term, low value, and high-risk assets E. ?investors always achieve higher returns from less risky assets