A case by a client against its CPA firm alleging negligence would be brought under:

A. The Securities Exchange Act of 1934.
B. The state blue sky laws.
C. Common law.
D. The Securities Act of 1933.


Answer: C

Business

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A counteroffer:

A. is a mirror-image of the offer. B. is an inquiry into the terms of the offer. C. impliedly rejects an offer. D. does not affect the material terms of the contract.

Business

Tyson and Belinda have bonded over their sarcastic complaints about their boss, Judith, for more than two years. Belinda notices Tyson spending more time in Judith’s office and asks Tyson what is happening. He admits he and Judith are dating. Belinda tells him this horrifies her and if he continues to see Judith they can no longer be friends. Tyson tells Belinda he does not intend to stop dating Judith and is hurt that Belinda feels this way. They agree they are no longer friends and, from now on, will talk only if they must in the course of their work. What form of disengagement does this represent?

a. state-of-relationship talk b. depersonalization c. cost escalation d. cold shouldering

Business

A statement that identifies fundamental beliefs about what is important to an organization is referred to as a ______________________________

Fill in the blank(s) with correct word

Business

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

1. Increasing capacity in an area of process that is not a bottleneck is likely to positively impact process capacity. 2. Break-even analysis is used to evaluate cost trade-offs among various options. 3. Interest in sustainability initiatives has increased in recent years. 4. Duplication of effort and a firm becoming top heavy is referred to as diseconomies of scale.

Business