When a firm pays out a dividend, the share price ________, and when it conducts a share repurchase at the market price, the share price ________
A) increases, increases
B) is unchanged, decreases
C) decreases, decreases
D) decreases, is unchanged
Answer: D
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Assume an account receivable confirmation is returned with a note to the auditor describing a difference between your client's records and the customer's records. Clearly describe below two potential non-misstatement timing differences that could cause a discrepancy between a client's receivable records and his/her customer's records. The timing differences you describe should be such that after investigation you would determine that your client's receivable balance is not misstated due to these differences.
What will be an ideal response?
Frederick manages the Human Resources Department for his company. The due dates for payroll reports will be changing slightly, and he needs to communicate this information to all company managers. Allan should
A) send an e-mail or text message to inform the management staff. B) prepare an agenda and call a meeting. C) consult key people to help him decide whether to call a meeting. D) use the grapevine to convey the message.
Which of the following is NOT true of a new product prototype?
a. It is an actual working model of the new product. b. It is a full-scale model of the new product. c. It can be developed quickly using rapid prototyping. d. Its development may be facilitated by virtual reality technology.
Which of the following is the best example of augmented reality?
A. the ability of large retail chains to anticipate people's shopping needs B. an app that allows shoppers to virtually place furniture in their home to see how it looks C. an online banking system D. a self-driving car that parallel parks on its own E. the use of digital personal assistants like Apple's Siri to find the nearest gas station