Answer the following statements true (T) or false (F)

The SEC is legally empowered to regulate accounting principles.


ANSWER: T

Business

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Exhibit 15-5 On January 1, 2016, Roberts Company adopts a compensatory share option plan and grants 40 executives 1,000 shares each at $30 a share. The fair value per option is $7 on the grant date. The company estimates that its annual employee turnover rate during the service period of three years will be 4%. ? Refer to Exhibit 15-5. At the end of 2017, the company estimates that the employee

turnover will be 5% a year for the entire service period. The compensation expense for 2017 will be (Round your answer to the nearest whole dollar.) A) $77,468 B) $80,022 C) $82,575 D) $160,043

Business

The probability of a customer being active or purchasing in a given time frame is represented by:

A) retention rate. B) P (Active). C) win-back rate. D) lifetime duration.

Business

Luke is considering the various options available to him to promote an energy drink, Turbozade, that has decreasing sales volumes after having peaked some time back

Which of the following marketing communications tools should Luke focus marketing efforts on to keep the sales volume up? A) advertising B) direct marketing C) events and experiences D) sales promotions E) publicity

Business

Which one of the following is not a specific competency related to soft skills?

A) examining a person's Internet history to look for credit problems B) being able to accurately interpret other people's emotions C) avoiding negative gossip D) being able to cooperate with others to meet objectives (teamwork)

Business