Audit staff performing audit work must be appropriately supervised by partners and managers
a. True
b. False
Indicate whether the statement is true or false
True
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_______ are names of possible clients that business market managers generate from computer databases
a. Leads b. Inquiries c. Prospects d. Prospecting
Stosch Company's balance sheet reported assets of $40,000, liabilities of $15,000 and common stock of $12,000 as of December 31, Year 1. Retained earnings on the December 31, Year 2 balance sheet is $18,000 and Stosch paid a $14,000 dividend during Year 2. What is the amount of net income for Year 2?
A. $19,000 B. $13,000 C. $17,000 D. $21,000
Which of the following is true of the ADA Amendments Act of 2008?
A. Companies should lower work standards or give a disabled person a make-work job. B. The list of medical conditions covered under the act includes cancer, diabetes, major depression, and epilepsy. C. The act prohibits employers from discriminating against current drug and alcohol abusers. D. Employers are permitted to ask about past workers' compensation claims or disabilities in general.
Which of the following is true regarding remedies available under Rule 10b-5?
a. The measure of damages is typically out-of-pocket loss, or an investor may elect to rescind the transaction; and the court may award prejudgment interest; but punitive damages are unavailable. b. The measure of damages is typically out-of-pocket loss with no right on the part of an investor to elect to rescind the transaction, and the court may award prejudgment interest; but punitive damages are unavailable. c. The measure of damages is typically out-of-pocket loss, or an investor may elect to rescind the transaction; the court may award prejudgment interest; and punitive damages are available in appropriate cases. d. The measure of damages is typically out-of-pocket loss with no right on the part of an investor to elect to rescind the transaction, the court may award prejudgment interest, and punitive damages are available in appropriate cases.