Which of the following is true of compliance reporting?

A) Supply chain management systems carry the major burden of compliance reporting.
B) Compliance reports primarily help in identifying events that fall outside accepted ranges.
C) Compliance reports relying on XBRL are more advanced than electronic PDFs.
D) In the United States, the South Eastern Conference (SEC) mandates all aspects of compliance.


C

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The function of the role of an orienter in a group is to

A. resolve differences among teammates. B. praise the work of teammates. C. motivate team members to work harder toward goals. D. offer constructive challenges to the team's status quo. E. establish the direction for the team.

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In the context of e-commerce, which of the following is used to provide product information?

A) Web sites B) Phone calls C) Flyers D) Faxes

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When governments use the ______ approach for reporting infrastructure, a schedule of the assessed conditions of infrastructure assets must be included in RSI.

Fill in the blank(s) with the appropriate word(s).

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Dustin owns all of the stock of Gold Corporation which includes both common and preferred shares. The preferred stock is noncumulative, has no redemption date, and possesses no liquidation preference. In 1995, Dustin makes a gift to his adult children of all of the common stock. He dies in 2016 still owning the preferred stock. The value of the Gold stock on the relevant dates is:

1995 2016 Preferred $ 400,000 $ 500,000 Common 3,000,000 5,000,000 One of the tax consequences of this estate freeze is: a. Dustin's gross estate includes $0 as to the stock. b. Dustin's gross estate includes $5,000,000 as to the stock. c. Dustin made a gift of $400,000 in 1995. d. Dustin made a gift of $3,400,000 in 1995. e. None of the above is correct.

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