What is the most important aspect of internal control?
a. Audit committee
b. Control policies
c. Control system
d. Personnel
d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.
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Which of the following profitability ratios is most useful in indicating the "quality" of a company's earnings?
a. Price/earnings ratio b. Gross profit ratio c. Dividend payout ratio d. Dividend yield ratio
The Lilly Ledbetter Act states that each illegal pay differential payment renews a cause of action until the discrimination is reasonably discovered.
Answer the following statement true (T) or false (F)
The account Common Stock Distributable is classified as a current liability
Indicate whether the statement is true or false
Parent company nationals might be concerned with all of the following except
A. whether they can adapt to the home-country culture. B. the exchange rate movement of their host-country's currency. C. whether the family of transferred home-country executives can adapt to and enjoy the experience abroad. D. the rate at which industrial skills are learned by host-country nationals. E. how quickly they can learn the local language in their host country.