Institutional investors:
A. accept deposits.
B. do not hold shares in major U.S. corporations.
C. amass huge pools of financial capital from various sources.
D. never invest in corporate stock.
Answer: C
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Answer the following statements true (T) or false (F)
1. A disadvantage of group-aided decision making is that groups tend to suppress an individual's intellectual stimulation and creativity. 2. The tendency for group members to agree for the sake of unanimity and thus avoid accurately assessing the decision situation is called satisficing. 3. Where time is of the essence, in most cases an individual should make the decision rather than a group. 4. Smaller-sized groups make higher-quality decisions.
In its 2004 through 2006 inspections, which of the following was not a deficiency the PCAOB noted related to inadequate testing of stockholders' equity transactions?
a. The auditors failed to properly address and evaluate the substance, business purpose, or significant terms of the equity arrangements. b. The auditors failed to consider the accounting principles potentially applicable to the equity transactions. c. The auditors failed to evaluate whether the audit clients had appropriately determined the fair values assigned to equity-based transactions and to test the reasonableness of such fair values. d. The auditors failed to disclose each class of stock issued by the clients.
Most essential to the planning phase of crisis management is to ________
A) identify the cause of the risk B) describe actions that mitigate the risk C) create a consistent message D) demonstrate responsible management action
________ is the ability of the organization to be flexible enough to cater to the individual whims of consumers
Fill in the blanks with correct word