In determining liability for errors in a registration statement, the plaintiff must prove that there was a misstatement or omission that was important enough to affect the plaintiff's investing decision. In other words, the misstatement or omission needs to be

A. material.
B. unrefutable.
C. accredited.
D. firm.


Answer: A

Business

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The state legislature is currently debating a bill that, if passed, would require the Roberts Company to go out of business. Which of the following principles or assumptions related to the preparation of Roberts financial statements is most directly affected by this impending vote of the legislature?

A) going concern B) verifiability principle C) entity concept D) materiality concept

Business

Functionality in interactive data dashboards that allows the user to access information and analyze at an increasingly detailed level is referred to as

A. drilling down. B. transformation. C. root-cause analysis. D. data trimming.

Business

The third component of the conceptual map is "Therefore, we should study (topic)."

Indicate whether the statement is true or false

Business

The maintenance factors of two-factor theory are also called ______.

a. basic motivators b. low motivators c. extrinsic motivators d. intrinsic motivators

Business