All of the following are important elements of the political and legal segment of the general environment except
A. the Americans with Disabilities Act (ADA).
B. the deregulation of utilities.
C. increases in the federally mandated minimum wage.
D. the increased use of Internet technology.
Answer: D
You might also like to view...
Barclays Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$238,000? Cash dividends declared for the year 51,250? Proceeds from the sale of equipment 87,200? Gain on the sale of equipment 4650? Cash dividends payable at the beginning of the year 22,550? Cash dividends payable at the end of the year 30,500? Net income for the year 112,750? The amount of cash paid for dividends was:
A. $43,300. B. $51,250. C. $61,500. D. $59,700. E. $53,050.
Identify whether the following tests are tests of controls, substantive analytical procedures, tests of details of transactions, or tests of details of account balances:
1) Select a sample of customer receivables and send positive confirmations to each customer. 2) Examine monthly bank reconciliations for the internal auditors' initials indicating internal verification and review of the reconciliation. 3) Select a sample of entries in the sales journal and trace each to the shipping documents. 4) Compute receivable turnover and compare with previous years. 5) For a sample of new customers, determine whether credit approval was properly administered and documented. 6) Compare the dates on a sample of sales invoices with the dates of shipment and the dates the transactions were recorded in the sales journal.
When a large organization has departments based on areas of production, what type of departmentalization is being utilized?
A) Customer departmentalization B) Process departmentalization C) Geographic departmentalization D) Functional departmentalization E) Product departmentalization
Credit default swaps are most like:
A) inverse floaters. B) call options on fixed assets. C) an insurance policy. D) an interest rate swap. E) a delinquent loan.