Which of the following covers new or revised administrative practices and interpretations used by the SEC staff in reviewing financial statements?

A. Accounting and Auditing Enforcement Releases
B. Securities Exchange Act releases
C. Exchange Act industry guides
D. Staff Accounting Bulletins


Answer: D

Business

You might also like to view...

When project managers reduce the intensity of the conflict by smoothing over differences or interjecting humor when dysfunctional conflict arises, they are attempting to ________ the conflict.

A. Mediate B. Eliminate C. Control D. Encourage E. Arbitrate

Business

Wally and Janice are both managers in a small corporation set up to manufacture sporting goods. They both receive bonuses for any ideas that benefit the company, although Janice's bonus is computed at a lower rate than Wally's because she has been at the company a shorter amount of time. Janice has a great marketing idea that would result in her receiving a bonus of $1,000 . She has it all worked

out on her computer. Unknown to her, one evening after business hours, Wally obtains the information from her computer and submits it himself the next day. He is immediately awarded a bonus of $2,000 for the information. Fortunately for Janice, Sally, a custodian, saw Wally in Janice's office and heard him calling his wife while he was there to brag about his misdoings. Sally informed Blaire, the CEO, of Wally's actions. Which of the following types of justice is involved if Blaire requires that Wally give Janice $1,000? a. Compensatory b. Retributive c. Fair d. Justifiable

Business

Of 800 students in a university, 360, or 45%, live in the dormitories. The 800 is an example of _____

a. a sample b. a population c. statistical inference d. descriptive statistics

Business

When a manufacturing company has a highly automated manufacturing plant producing many different products, what is probably the most appropriate basis of applying overhead costs to work-in-process?

A. Cost of materials used. B. Direct labor hours. C. Direct labor dollars. D. Machine hours.

Business