Which of the following is an advantage that self-regulatory agencies such as the BBB and the NARB have over governmental laws and regulatory agencies?
A. Firms must strictly abide by the rulings of self-regulatory agencies.
B. Establishment and implementation are usually less expensive.
C. They have better tools to enforce their rulings.
D. Guidelines are often stricter and create greater compliance from firms.
E. Money is very rarely an issue in enforcing decisions of self-regulatory agencies.
Answer: B
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The financial statements present aggregated information, for example, the total amount of land, buildings, and equipment. Financial reports provide more detail for some of the items reported in the financial statements, and they provide additional explanatory material to help the user to understand the information in the financial statements. This information appears in _____ that are an integral
part of the financial reports. a. management's discussion and analysis b. external auditors report c. internal auditors report d. press releases e. schedules and notes
While giving the supervisor's view of the employee's performance, it is important for the supervisor to do all of the following except
a. Avoid comparing the employee to other employees b. Focus on the standards for the job c. Share one or two behaviors the employee should continue d. Focus solely on areas the employee must improve upon
On any given day, a person may be subjected to over 2,500 advertising messages but may only be aware of 10 to 20 of them. This is called:
A. selective distortion B. selective learning C. sporadic reinforcement D. intermittent selectivity E. selective exposure
Almost half of all U.S. residents is a minority.
Answer the following statement true (T) or false (F)