The Securities and Exchange Commission (SEC) has given the task of setting GAAP to the:

A. FASB.
B. AICPA.
C. APB.
D. AAA.
E. IASB.


Answer: A

Business

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Which of the following statements is not true of defining the major issues related to achieving the goal, step two in the planning process?

A. Single-issue negotiations tend to dictate integrative negotiations. B. Some negotiations may consist of only a single issue and other negotiations are more complex. C. This step begins with an analysis of the key issues to be discussed in the negotiation. D. The number of issues affects strategy.

Business

A mediator is persistent which means among other things that he is thick skinned

Indicate whether the statement is true or false.

Business

Projects S and L, whose cash flows are shown below, are mutually exclusive, equally risky, and not repeatable. Hooper Inc. is considering which of these two projects to undertake. If the decision is made by choosing the project with the higher IRR, how much value will be forgone? Note that under certain conditions choosing projects on the basis of the IRR will not cause any value to be lost because the project with the higher IRR will also have the higher NPV, so no value will be lost if the IRR method is used. r: 10.25%    Year0 1 2 3 4 CFS ?$2,050    $750    $760    $770    $780 CFL ?$4,300 $1,500 $1,518 $1,536 $1,554

A. $134.79 B. $141.89 C. $149.36 D. $164.29 E. $205.36

Business

When distributed databases create copies of the database on different servers, this is known as ________

A) replication B) partitioning C) disbursing D) distributed two-phase locking

Business