Generally accepted accounting principles (GAAP) are the rules for preparing financial statements.

Answer the following statement true (T) or false (F)


True

Business

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The CPU and primary memory are usually plugged into a circuit board in the computer case called the _____.

A. motherboard B. monitor C. control unit D. multicore processor

Business

Which of the following is a requirement to work as an entry-level Criminal Investigation special agent for the IRS?

a. completion of at least two years of college b. completion of at least 9 semester hours in accounting at the college level c. completion of at least 15 semester hours of college level courses in finance, economics, business law, ta law or money & banking. d. be thirty-seven years of age or younger

Business

Due to various fraudulent business practices and accounting coverups in the early 2000's, Congress enacted the Sarbanes-Oxley Act of 2002. The Act was responsible for establishing a new oversight board for public accountants called the

A) Generally Accepted Accounting Practices for Public Accountants Board. B) Public Company Accounting Oversight Board. C) Congressional Accounting Oversight Board. D) None are correct.

Business

Which primary activity in the value chain is concerned with the design of products and production processes?

A. Research and development B. Marketing and sales C. Materials management D. Production E. Company infrastructure

Business