One of the reasons it is said that only the investment banker wins when a company is acquired is that they
A. assure the newly acquired company will be successful.
B. collect huge up-front fees regardless of the outcome afterwards.
C. continue to work with the two companies involved.
D. monitor the progress of both companies for long term growth.
Answer: B
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Internal controls are used to ensure proper accounting for transactions
Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
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