Which of the following Standard & Poor's bond rating categories denotes the LOWEST risk?
A) AAA
B) A
C) BBB
D) CCC
E) BB
A
Explanation: A) Bonds rated AAA have the lowest risk.
Business
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If a company hires honest employees, no internal control procedures are necessary
a. True b. False Indicate whether the statement is true or false
Business
The effect of substituting a non-standard mix of materials during the production process is referred to as a material mix variance
Indicate whether the statement is true or false
Business
In which of the following types of accounts are decreases recorded by debits?
A) assets B) revenues C) expenses D) drawing
Business
An EXECUTE step is not needed with DDL statements because the PARSE step automatically executes the statement upon successful parsing.
Answer the following statement true (T) or false (F)
Business