Penalties for corporate officers under Sarbanes-Oxley include:
A) 5-20 years for mail and wire fraud
B) 1-10 years for violation of fiduciary duties.
C) a maximum penalty of $5,000.
D) Both a and b
D
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Barbara's Boats uses the periodic inventory system and the net method of accounting for purchases. The company had the following transactions during January:January 6: Purchased $10,000 of inventory. The seller's credit terms are 2/10, n/30.January 31: Due to an oversight, the invoice was not paid within the discount period. Full payment was made on January 31.Prepare journal entries to record each of the preceding transactions.
What will be an ideal response?
Promotion is concerned with
A. informing customers that the right Product is available at the right Place at the right Price. B. blending personal selling, mass selling, sales promotion, and publicity. C. communicating information between seller and buyer or others in the channel to influence attitudes and behavior. D. how suitable messages are communicated to target customers. E. All of these are parts of Promotion.
The contents of a sample of 26 cans of apple juice showed a standard deviation of .06 ounces. We are interested in testing whether the variance of the population is significantly more than .003 . The test statistic is
a. 1.2. b. 31.2. c. 30. d. 500.
Drye Township has received a donation of a rare painting worth $1,000,000. For Drye's government-wide financial statements, three criteria must be met before Drye can opt not to recognize the painting as an asset. Which of the following is not one of the three criteria? (1.) The painting is held for public exhibition, education, or research in furtherance of public service, rather than financial gain. (2.) The painting is scheduled to be sold immediately at auction.(3.) The painting is protected, kept unencumbered, cared for, and preserved.
A. Item 1 is not one of the three criteria. B. Item 3 is not one of the three criteria. C. Item 2 is not one of the three criteria. D. All three items are required criteria. E. None of the three items are required criteria.