Section 16 of the 1934 Act prohibits short-swing trading on the part of officers, directors and controlling shareholders who
A)own more than twenty-five percent of the company
B)are also on the board of directors of the company.
C)own more than ten percent of the company.
D)trade their shares in order to invest in another company.
C
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Companies need service and product cost information for both financial reporting and managerial accounting.
Answer the following statement true (T) or false (F)
All of the following are inventory costing methods except
a. first-in, first-out. b. average-cost. c. periodic. d. specific identification.
Striving for excellence reflects which AICPA professional standard?
A. scope and nature of services B. objectivity and independence C. serve the public interest D. due care
Where Caroline grew up, everyone knew everyone else, no one locked their doors, and a person's word could be trusted. When she went to work in another part of the country, she was surprised by how few people had similar values and beliefs. Caroline had to adjust to ________ differences.
A. cognitive B. situational C. evoked D. cultural E. reference group