Occasionally, the courts award punitive damages in tort cases to punish the wrongdoer and deter others from similar wrongdoing

Indicate whether the statement is true or false


T

Business

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The cost of capital is the cost a company bears to obtain external financing. A company's cost of capital is critical because it determines which long-term projects are profitable for the entity to undertake. The higher the cost to obtain funds, the

fewer the long-term projects are profitable for a company to pursue. Required: Explain the role of financial statements generally and the roles of the FASB, the AICPA, the SEC, and the IASB in lowering the cost of capital.

Business

You should always find out _____________ of the publisher or community to whom you are submitting a document

a. the address b. the official name c. the specific format requirements d. the size

Business

According to a UNESCO report of employer views, which of the following soft skills are considered to be essential for workers in today's business climate?

A. Communication skills B. Technical skills C. Discipline-specific skills D. Skills related to the 3 Rs

Business

The purpose of separating the duties of hiring personnel and distributing payroll checks is to separate the:

a. Operational responsibility from the record-keeping responsibility. b. Administrative controls from the internal accounting controls. c. Authorization of transactions from the custody of related assets. d. Human resources function from the controllership function.

Business