Corporate management (including the CEO) must certify monthly and annually their organization's internal controls over financial reporting
Indicate whether the statement is true or false
F
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In a sales message, the last paragraph should:
a. make a final reference to the selling point and picture good things resulting for the receiver. b. depict the action as easy to take and encourage the reader to act quickly. c. ask confidently for action, avoiding " I hope" and " if" phrasing. d. accomplish all of the above.
Roland filesa petition in bankruptcy. After all his assets have been sold and the proceeds distributed among his creditors, Roland's remaining debts
a. are discharged. b. will be paid by the court. c. must be paid by Roland. d. are put on hold until Roland has sufficient means to pay ths.
The weighted average cost of capital for a firm is the:
A) discount rate which the firm should apply to all of the projects it undertakes. B) overall rate which the firm must earn on its existing assets to maintain the value of its stock. C) rate the firm should expect to pay on its next bond issue. D) maximum rate which the firm should require on any projects it undertakes. E) rate of return that the firm's preferred stockholders should expect to earn over the long term.
New Horizons delivers 20 dozen blankets to its agent, Marketall, for sale by Marketall. Marketall maintains a place of business where it sells bedding under its own name. A creditor of Marketall may obtain possession of New Horizons' blankets:
A) under the Code, since a consignment is regarded as a sale or return. B) but cannot prevail against New Horizons because New Horizons keeps title in a consignment until the goods are sold to a third party. C) and will prevail against New Horizons even if Marketall had a sign, in compliance with state law, evidencing New Horizons' ownership interest in the blankets. D) and will prevail against New Horizons even if Marketall can establish that it is generally known by its creditors to be substantially engaged in selling the goods of others.