Which of the following is the mission of the Ethics & Compliance Initiative (ECI) and the Society of Corporate Compliance and Ethics (SCCE)?

a. to provide ethics and compliance officers with support and best practices
b. to objectively rate organizations on ethical performance
c. to unionize ethics and compliance officers
d. to provide third-party ethics auditing for organizations that request it


a. to provide ethics and compliance officers with support and best practices

Business

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The usual starting point when developing a sales forecast is:

a. the production budget. b. the cash budget. c. competitor's budget information. d. last year's level of sales.

Business

When a partnership is liquidated and the amount received from the sale of assets is more than the book value of the assets, the difference between cash received and the book value is treated as revenue to the partnership

Indicate whether the statement is true or false

Business

Appeals from the Court of International Trade are heard by the U.S. Court of Appeals for the Federal Circuit

Indicate whether the statement is true or false

Business

Return on investment (ROI) is calculated as follows:

A) operating income/average operating assets B) average operating assets/operating income C) (beginning operating assets + ending operating assets)/2 D) sales/average operating assets E) operating income/sales

Business