Which of the following are not Section 404 internal controls ?
a. An internal code of ethics
b. Independent board members
c. Remuneration committees
d. Creation of processes for reporting concerns
c. Remuneration committees
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The number of days between when the employees and suppliers provide goods and services and when the firm pays cash to those employees and suppliers is called the _____ period
a. financing b. grace c. float d. funds flow e. cash disbursement
If we could repeat an experiment many times, what is defined as the proportion of times a possible outcome would occur over the long run?
a. probability b. simulation c. event d. percent
Which of the following statements best describes the deductibility of real property taxes when a taxpayer sells real property during a year?
A. Taxpayers are allowed to deduct the real property taxes they actually pay for the year. B. Taxpayers are allowed to deduct the property taxes allocated to the portion of the year that they owned the property. C. The owner of the property at the time the property taxes are due is responsible for paying all of the real property taxes on the property for the year. Consequently, this person is allowed to deduct all of the property taxes for the year. D. None of the choices are correct.
The cost of producing or buying the product—plus making a profit—is the primary basis for setting price in this pricing strategy
A) competitive pricing B) target costing C) cost pricing D) price skimming E) penetration pricing