Sidney is a member of the Financial Accounting Standards Board (FASB) and is entrusted with the responsibility of establishing accounting principles in the United States. As a member of the board, Sidney:
A. is to serve a seven-year term and cannot be reappointed to serve another term.
B. must sever all ties with any firms or institutions that she served prior to joining the board.
C. is responsible for directing the Securities and Exchange Commission to enforce the accounting standards.
D. must pass a rigorous two-day, four-part examination to be promoted as a certified fraud examiner.
Answer: B
You might also like to view...
Answer the following statements true (T) or false (F)
1.An expatriate role represents the traditional way of thinking about global leaders. 2.American culture can be described as loose. 3.Particularists will tend to believe that telling lies is always a bad thing. 4.Much of the act of leading involves problem-solving and decision-making. 5.It is okay to arrive 15 or 30 minutes late in a culture that values time.
For a company offering services, which of the following is a value-adding activity?
a. Billing the clients b. Preparing job order forms c. Ordering, receiving, and inspecting supplies d. Designing advertisements
The regulation school of social responsibility sees all business units as accountable to ________
A) elected public officials B) the board of directors C) shareholders D) employees
Which term below is used to describe anything that can impact the communications channels between the sender and the receiver?
a. Slack b. Noise c. Commotion d. Distraction