Larry is a certified public accountant in a firm which audits public companies. Larry is accused of unethical conduct. Is Larry required to abide by the ethical standards of the Public Company Accounting Oversight Board?

A) Yes.
B) He can be held liable only if he had actual knowledge of the particular guideline he is accused of violating.
C) No, the PCAOB establishes audit rules, not ethical guidelines.
D) No, the PCAOB has no authority over Larry.


A

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When Nicole performs the functions of planning, organizing, and executing activities that increase sales and profits in her territory, she is engaged in:

A. marketing. B. sales management. C. territory management. D. time management. E. operating.

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In an orderly society, law and the legal system help to:

a. influence the behavior of members of society b. resolve disputes c. maintain the important values of society d. provide a way for important social changes to take effect e. all of the answers are part of the role of law

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In the context of the performance evaluation process, which of the following ensures that raters are motivated to rate accurately?

A. Making sure that managers are graded on how well they utilize and develop human resources B. Ensuring that employees do not have to participate in developing performance dimensions C. Focusing on the person rather than the behavior while evaluating performance and providing feedback D. Conducting informal discussions with employees about progress on an irregular basis

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Suppose using Kruskal-Wallis test, there are five samples, and the value of the test statistic is calculated as H = 12.32 . Then the most accurate statement that can be made about the p-value of the test is that it is greater than 0.025 but smaller than 0.05

Indicate whether the statement is true or false

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