Which of the following is NOT true regarding the PCAOB?

a. The PCAOB is a governmental sector regulatory body.
b. The PCAOB is overseen by the SEC.
c. The PCAOB was established by the Sarbanes-Oxley Act.
d. The PCAOB has authority to set auditing standards.


ANSWER: A

Business

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Individuals with modified AGI of $100,000 can deduct against active or portfolio income losses of up to $25,000 from real estate rental activities in which they actively participate.

Answer the following statement true (T) or false (F)

Business

Which of the following is true of the financial metrics used to gauge a product's performance in the market?

A) They report important ratios for profits, costs, and assets. B) They provide insight into how the business or product is performing in the market. C) They include measures of marketing performance, such as customer satisfaction, retention, and loyalty. D) They allow a company to estimate its market share and customer value. E) They are mainly external metrics of a product's performance in a particular market.

Business

What should be the formula in B13?



a) =SUM(B2:B4)/(B7+B9)
b) =SUM(B2:B4)/SUM(B7:B9)
c) =(B4-B4)/(B6+B7+B8)
d) =SUM(B2:B5)/(B6+B8+B9)
e) =(B1+B2)/(B6+B7+B8)

Business

On which of the following levels does needs assessment not take place?

a. Organizational b. Individual c. Team d. Task

Business