Which of the following is a nominal account?
a. Retained Earnings
b. Property Taxes Expense
c. Cash
d. Common Stock
B
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Electronic surveillance may have only limited value in the investigation of employee frauds and many other white-collar crimes. Why?
a. Lack of adequate technology b. Concerns regarding employees' privacy c. Prohibitively high cost of installation and maintenance d. Relative ease of tampering evidence
Which of the following guidelines does NOT apply to a bar chart?
a. Bars are used to compare quantities. b. The vertical axis begins at zero. c. Increments on the quantitative axis should be equal. d. Bar widths vary to show different quantities.
Follow-up activities to a meeting include:
a. None of the answers are correct. b. distributing an agenda promptly. c. writing an article for the company newsletter. d. verifying that assigned duties are underway.
Ms. Frederica Marchionni became CEO of Land's End in February 2015 when the company showed a 73.8 million-dollar profit. By mid-June of 2016, the company had lost 27.2 million dollars. What went wrong?
A. The new leadership did not understand the corporate culture and image. B. The founder undermined the new CEO in her ability to bring about change. C. The marketplace liked the new image. D. The new goals and objectives were coherent with the company mission statement.