When firms issue stock to raise capital, they
A. may tap foreign as well as domestic markets.
B. are limited to domestic markets, due to local legislation.
C. are making a commitment to adopt 3BL.
D. are foregoing the use of domestic debt markets.
Answer: A
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Where would the auditor make mention of issues noted during audit procedures that are not of audit significance?
a. Engagement letter. b. Management letter. c. Representation letter. d. Attorney letter.
The machinery in a plant is old and was designed for use by an "average-sized male.". Citing safety concerns, the company hires only average-sized males for jobs working in the plant. If a female applicant for a job at the plant is not hired and sues, a court would most likely rule that:
a. the employer violated Title VII by facially discriminating based on sex b. the employer violated Title VII by not attempting to accommodate women so that they could work in the plant c. the employer violated Title VII because the selection criterion of size has an adverse impact on women and is not job related and consistent with business necessity d. the employer did not violate Title VII because the employer could establish a BFOQ based on its safety concerns e. the employer did not violate Title VII because any adverse impact its hiring criterion created was justified as job related and consistent with business necessity
When making a purchasing decision, deciding what product to buy is referred to as product brokering
Indicate whether the statement is true or false
Which of the following is not a capital asset?
A) a patent developed by the taxpayer B) a family's cottage at the beach C) a husband's wedding ring D) All of the above are capital assets.