The number of shares available in an exchange-traded fund (ETF) can be increased or decreased according to demand for the shares
Indicate whether the statement is true or false.
Answer: TRUE
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Which of the following statements regarding Standards contained in the FASB Accounting Standards Codification (ASC) is true?
A) They have the force of law, and failure to follow them can be prosecuted. B) They apply to financial reporting by all U.S. companies. C) They were created in 2009 when the ASC was created and did not exist prior to that time. D) They have to be approved by the SEC before they become effective.
A cost is sunk if it
a. is not an incremental cost. b. is unavoidable. c. has already been incurred. d. is irrelevant to the decision at hand.
The purpose of a crisis communications plan is to create a tool for ________
A) communicating with consumers and connectors about mistakes that were made by a firm B) assessing a situation and communicating with stakeholders about the intended response C) immediately implementing a single action plan that applies for all types of situations D) understanding the short-term and long-term effects of a corporate crisis E) anticipating a crisis before it occurs to avoid negative media attention
Helen owns heavy construction equipment and the tools to service it, as well as office furniture, including computers. Ilya owns a number of patents, trademarks that identify the products made under those patents, and stock in the company that sells those products. Personal property includes the items owned by
A. Helen and Ilya. B. Helen only. C. Ilya only. D. neither Helen nor Ilya.