In 2007, the Securities and Exchange Commission (SEC) began to allow foreign companies to use which of the following for its reporting standards?
A. SOX
B. GAAP
C. GAAS
D. IFRS
Answer: D
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Businesses are all very concerned with the bottom line. The bottom line is:
a. assets = liabilities + owners’ equity b. total income c. owners’ equity divided by total expenses d. total revenues – total expenses e. all assets of the company
Brain Games, Inc. is a marketing research company that markets primarily to consumer products organizations. Brain Games provides products that are most likely considered
A. component parts. B. MRO supplies. C. process ideas. D. business services. E. installations.
When Bloomingdale's New York store sprayed Donna Karan's new perfume DKNY onto the sidewalks outside the store to introduce the perfume to consumers, it was trying to increase the level of ________ so the product would get noticed.
A. sensory input B. subliminal perception C. comprehension D. retention E. mnemonics
The primary reasons for owning bonds are the income they provide and also the stability they bring to an investment portfolio
Indicate whether the statement is true or false.