?The indentures for publicly traded bonds are approved by:
A. ?the state government.
B. ?the Securities and Exchange Commission.
C. ?the federal government.
D. ?the Public Company Accounting Oversight Board.
E. ?the local government.
Answer: B
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Which element below is defined as generating creative, spontaneous ideas from all members of a group without making any initial criticism or judgment of them?
A. group effectiveness B. brainstorming C. social facilitation D. groupthink
Firms must designate each derivative as a hedging instrument, or else accounting views the derivative as a nonhedging instrument. Furthermore, firms must designate each hedging instrument as either a fair value hedge or a cash flow hedge. The accounting for cash flow hedges
a. remeasures both the hedged item and the derivative to fair value each period and recognize any unrealized gains and losses in net income. b. remeasures the derivative to fair value each period and include the unrealized gain or loss in other comprehensive income to the extent that the derivative instrument is effective in neutralizing risk. When the firm settles the hedged item, transfer the previously unrealized gain or loss from other comprehensive income to net income. c. remeasures the derivative to fair value each period and include the unrealized gain or loss in net income. d. all of the above e. none of the above
Answer the following statements true (T) or false (F)
1. Technology dramatically increases the feedback cycle. 2. Managerial communication behavior represents ritualistic responses to the need to appear competent, intelligent, legitimate, and rational. 3. Sensitive messages should usually be communicated in face-to-face settings. 4. The extent to which a message is negative and the extent to which it is sensitive are highly related.
Spot advertising is more easily acquired by national advertisers than local ones.
Answer the following statement true (T) or false (F)