What sort of liability does an accountant have under the Securities Exchange Act of 1934?

a. Civil liability where there is scienter.
b. Criminal liability where there is a willful violation.
c. Both of these are correct.
d. Neither of these is correct.


c

Business

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In recommendation letters, comparing the candidate's potential to that of his or her peers

A) should be avoided, since it opens the door to legal action. B) is unprofessional because it distracts attention from the candidate you are recommending. C) helps the recipient evaluate the candidate more effectively. D) is a good idea, even if you have only a "gut feeling" about how the candidate stacks up. E) almost always reduces the candidate's chances of landing the job.

Business

When a buying division elects to purchase from an outside supplier,

A) the impact on overall company profits is usually not considered in the decision. B) only fixed costs should be included in the decision analysis. C) the price from the outside supplier is likely to be more than the incremental cost to the supplying division. D) overall company profits should be enhanced.

Business

Financial statement fraud is easiest to commit in organizations that:

a. have democratic leadership. b. have complex organizational structures. c. have a large internal audit department. d. have a board of directors comprised primarily of outsiders.

Business

________ is software that improves connectivity between a client application and a server

A. SQL B. API C. Middleware D. SAP

Business