The fact that Russia's inflation rate has increased 15.1% since May of 2007 would be an important _____ factor for a company that wanted to do business in that country.
A. legal
B. economic
C. culture
D. technological
E. natural
Answer: B
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Which of the following is a cause of action against the auditor for breach of contract?
a. Violating client confidentiality. b. Providing the audit report on time. c. Failing to discover an immaterial error or employee fraud. d. Withdrawing from an audit engagement with justification.
Which of the following encompasses all of the information contained within a single business process or unit of work with the primary purpose of supporting daily operational tasks?
A. Analytical information B. Targeted information C. Transactional information D. Productive information
A major assumption of breakeven analysis and one which causes severe limitations in its use is that ________
A) fixed costs really are fixed B) total revenue is nonlinear C) revenues and operating costs are linear D) all costs are really semi-variable
In 2012, the Greek government strong-armed private investors into replacing their existing bonds with new securities worth what percentage of their original bonds?
A. 30 percent B. 40 percent C. 60 percent D. 50 percent