Frida, Gayla, and Hart occupy the positions of director on the board of Integral Components Corporation. With respect to these directors, a quorum is the minimum number
A. who must be at odds in a dispute to call for its resolution.
B. who must be present to validly transact business.
C. whom the shareholders may remove from office at any one time.
D. whose positions must be vacant to warrant an election.
Answer: B
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Significant deficiencies are matters that come to an auditor's attention that should be communicated to an entity's audit committee because they represent:
A. manipulation or falsification of accounting records or documents from which financial statements are prepared. B. disclosures of information that significantly contradict the auditor's going concern assumption. C. material fraud or illegal acts perpetrated by high-level management. D. deficiencies in the design of controls or failures in the operation of internal controls.
________ consumers are the most affluent U.S. demographic segment and are expected to have an annual buying power approaching $1 billion by 2017
A) Hispanic American B) African American C) Asian American D) Baby boomers E) Generation X
Survey research is LEAST likely to be conducted through which of the following?
A) the Internet B) the mail C) the telephone D) in person E) observation
Which of the following is least likely to help establish credibility?
A) Getting to know the audience B) Establish credentials C) Identify needs D) Present ideas effectively E) Tell the truth