Government contractors and subcontractors with contracts that last for _____ or more and are for more than _____ are required by law to have business ethics codes and compliance policies and procedures.
A. 30 days; $5 million
B. 120 days; $5 million
C. 30 days; $10 million
D. 120 days; $10 million
Answer: B
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What encompasses all organizational information where its primary purpose is to support the performing of managerial analysis tasks?
A. Transactional information B. Analytical information C. Timeliness D. Quality
What is the advantage of services that use the comparison pricing model?
(a) They find the lowest prices for consumers and force online stores to keep their prices low in order to stay competitive. (b) They allow users to compare features of similar products. (c) They allow customers to get lower prices for bulk purchases. (d) They prevent online stores from overcharging for obscure items.
A small stock brokerage firm wants to determine the average daily sales (in dollars) of stocks to their clients. A sample of the sales for 36 days revealed an average daily sales of $200,000 . Assume that the standard deviation of the population is known to be $18,000
a. Provide a 95% confidence interval estimate for the true average daily sales. b. Provide a 97% confidence interval estimate for the true average daily sales.
Which of the following statements about nontaxable exchanges is true?
A. Any gain realized on the exchange is not included in financial statement income. B. No cash can change hands in a nontaxable exchange. C. The parties to the exchange both realize gain on the exchange. D. The parties to the exchange agree that the properties exchanged are of equal value.