Charles Prince, as CEO of Citigroup, had to address a number of ethical issues. Which of the following is not one of them?

a. Government probes in the UK
b. Separation of financial and investment roles
c. Misleading customers in the consumer lending unit
d. Loss of private banking licenses in the United States


d. Loss of private banking licenses in the United States

Business

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A bank loaned Darden Company $10,000 on a 1-year, 6% note, but deducted the interest in advance. The journal entry made by Darden to record receipt of the cash would include a

a. an increase in Cash for $9,400 b. an increase in Cash for $600 c. a decrease in Notes Payable for $10,600 d. a decrease in Notes Payable for $9,400

Business

Define direct translation, back translation, and parallel translation

What will be an ideal response?

Business

Under equity theory, all of the following would be considered a possible input, EXCEPT ______.

a. status b. seniority c. pay d. intelligence

Business

Which of the following statements is not true?

a. Inductive and deductive methods can be used together. b. It is impossible to keep inductive research completely value-free. c. Inductive approaches to accounting theory usually attempt to be descriptive. d. Deductive research makes inferences about a population based on tests of data.

Business