The income statement is sometimes called the statement of profit and loss
a. True
b. False
Indicate whether the statement is true or false
True
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Communicating within Organizations ? Organizational communication is concerned with the flow of information within an organization. When you are working within a company, your ability to communicate effectively affects not only your personal success and advancement but also the success of the organization as a whole. Therefore, understanding the various aspects of organizational communication
is critical to your success in business. Communication flow refers to the way in which communication takes place within organizations. Read the scenario, and then answer the corresponding question. HighWire Studios is a corporate communications consulting group. The company has three employees, who work on projects individually. When all three employees are needed on a project, they share information face-to-face or through email. HighWire Studios primarily uses _________ communication networks to communicate internally. A. formal B. informal Fill in the blank(s) with correct word
You bought a stock at $50 a share, and it has increased in price to $70 a share
You think its price will increase even more but you are also concerned that it might go back to $50, eliminating the entire gain. Given this information, you should place which kind of order? A) Stop-loss B) Profit-retention C) Limit D) Deferred sales
When a bond is matured, the carrying value always equals the face value
Indicate whether the statement is true or false
Which of the following represents the general rule under rule 10b-5 in regard to the duty of a company to reveal corporate developments?
a. A company has no general duty under Rule 10b-5 to reveal corporate developments unless the company or its insiders (1) trade in securities or (2) recommend trading to someone else. b. A company has no general duty under Rule 10b-5 to reveal corporate developments unless the company or its insiders (1) trade in securities, (2) recommend trading to someone else, or (3) disclose the information as a tip while withholding it from the general public. c. A company has a general duty under Rule 10b-5 to reveal corporate developments that are material. d. A company had a general duty under Rule 10b-5 to reveal corporate developments if it appears (1) that developments are material and (2) that the material developments will have a negative effect on the company's financial reports.