An internal or external event must be ____________________ to be recognized
Fill in the blank(s) with correct word
measureable
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Maria is the CFO of a company being investigated by the SEC for various alleged violations. Each of the following would constitute an obstruction of justice except
A. refusing to answer questions and invoking the Fifth Amendment. B. changing some figures on documents used to support filed financial statements. C. shredding her personal calendar and appointment book. D. ordering her secretary to lie if she is questioned.
The three factors included in the calculation of the Reorder Point are ________.
A. demand, lead time, and safety stock B. supply, price, and safety stock C. demand, inventory, and price D. supply, demand, and holding costs
Criminal intent is a usual requirement for criminal responsibility
Indicate whether the statement is true or false
Which of the following statements is true?
A) Financial theorists have resolved the issue of how to maximize firm value by altering capital structure. B) Firms increase their debt usage when markets overvalue the firm. C) Firms with a high degree of operating leverage usually maintain high debt ratios. D) A firm's long-term earnings are more important than its near-term cash flows in determining the amount of debt to issue. E) A highly leveraged firm has less flexibility to take advantage of investment opportunities than companies with low debt ratios.