Which internal control procedure is a deterrent to corruption?

A. Use of prenumbered documents
B. Physical controls
C. Segregation of duties
D. Fidelity bonding


Answer: C

Business

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The company that prints unemployment insurance checks is named Countercyclical Printing, Inc Countercyclical Printing's beta is -0.75, the risk free rate is 8%, and the risk premium on the market is 7%

What is the equilibrium expected rate of return on Countercyclical Printing's stock? A) -8.75% B) -3.25% C) 2.75% D) 4.50% E) 5.25%

Business

Stockholders may have covenants stating that a company cannot pay dividends unless sufficient cash is currently available to cover the next coupon interest payments

Indicate whether the statement is true or false.

Business

The ________ has established standards that define data transmission over phone lines, e-mail and directory services, and transmission over public digital networks

A) ISO B) ITU-T C) IEEE D) ANSI

Business

UHON Research Group has tested the hypotheses regarding the IQ of university honor students. They provided the following information. Ho: µo = 144 Ha: µo > 144 (Genius) P-Value = 0.0054 Sample Mean = 145 Sample size n = 121

a. At 98.5% confidence, would you reject or not reject the null hypothesis? Explain how you arrived at your answer and what you can conclude about the IQ scores of UHON students? b. The researchers failed to report the standard deviation. Determine the standard deviation. Use the normal distribution tables to answer this question and show your complete work.

Business