What is the Internet Corporation for Assigned Names and Numbers?
A. A markup language that delivers everything from animation to graphics and music to movies.
B. A nonprofit organization that has assumed the responsibility for Internet Protocol (IP) address space allocation, protocol parameter assignment, and domain name system management.
C. An international community that develops open standards to ensure the long-term growth of the web.
D. The Internet protocol web browsers use to request and display web pages using universal resource locators.
Answer: B
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When a firm has noncontrolling interests, analysts may compute and review all except which of the following return on equity ratios?
A. Return on parent company equity where parent company equity includes both common equity and preferred stock. B. Return on common equity defined as net income attributable to the parent company minus preferred dividends divided by average common equity. C. Return on total equity net of non-controlling interests where total equity includes common equity and preferred stock, less noncontrolling interests. D. Return on total equity where total equity includes common equity, preferred stock, and noncontrolling interests.
The most effective internal control procedure to prevent or detect the creation of fictitious credit memoranda for sales returns is to
a. supervise the accounts receivable department b. limit access to credit memoranda c. prenumber and sequence check all credit memoranda d. require management approval for all credit memoranda
When audience members believe your topic directly affects them
a. they will pay closer attention. b. they will not pay attention. c. they will likely be outraged. d. they will feel there is a conflict of interest.
Answer the following statements true (T) or false (F)
Accountability refers to the responsibility of management to report on achieving goals for the effective and efficient utilization of enterprise resources.