The key ingredient of a press release is ________
A) advertising
B) ?research
C) news
D) ?company benefits
C
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Asset frauds are often easier to detect than other types of financial statement fraud because:
a. overstated assets are always included on the balance sheet. b. of the off-book nature of asset frauds. c. asset overstatements are almost always quite significant. d. sufficient information will be provided in the notes to financial statements.
Maria is one of several executives for a petroleum company who are working together on corporate financing strategies. Each member of the group has expertise in finance in different parts of the world in which the organization operates. The relationship between members helps the group work effectively. Maria’s group is a ______.
A. team B. committee C. crew D. task force
Andre invested $100,000 in a partnership with Erik and Louis. Andre's contract with the partnership states he will receive a portion of partnership profits, but he will be liable for partnership's debts only to the extent of the $100,000 he invested. Andre is:
a. a subpartner. b. a dormant partner. c. a limited partner. d. an aggregate partner.
Fernandez Wholesale Plumbing has seen its sales in the Southeast triple in the past two years. Materials handling director Barb Peterson announces plans to the board for an Atlanta facility that will combine shipments received from Fernandez's 25 suppliers for nearly immediate shipment to plumbing stores and contractors in the region. This new facility would be best classified as which of the following?
A. Sales office B. Public warehouse C. Field public warehouse D. Distribution center E. Bonded warehouse