A day trader is an individual who trades with a very long-term investment horizon
Indicate whether this statement is true or false.
Answer: FALSE
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Derek is assigned the task of writing a short report on his study of the behavior of the employees in his organization toward their customers in the previous year. The audience for the report is the management of the company. In this case, which of the following formats should Derek use?
A. A letter format B. A memorandum format C. A form report D. A proposal format
If tests of controls result in identified control deficiencies, how will the auditor assess those deficiencies?
a. By estimating interest expense based on average interest rates and average debt outstanding. b. By comparing current year account balances with prior year account balances. c. By determining their severity and the impact on the opinion of internal control effectiveness. d. By calculating the long-term debt-to-equity ratio and performing a trend analysis with prior periods.
You want to advertise your new product. You want good mass marketing coverage and low cost per exposure. You also want to combine sight, sound, and motion and make the advertisement appealing to the senses
You should choose ________ as your advertising media. A) newspaper B) radio C) magazines D) television E) direct mail
Merit pay is
a. a contingent amount of pay that is earned by managers whose subunits meet a target rate of return. b. always for a limited period of time and must be re-earned each period. c. any pay earned when the company is profitable. d. a pay increment received when a specific performance level is achieved.