Which sentence is punctuated correctly?
A) A department manager often uses the following skills: direction, facilitation, and mediation.
B) A department manager often uses the following skills, direction, facilitation, and mediation.
C) A department manager often uses the following skills; direction, facilitation, and mediation.
A
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What is the main idea of the cooperative principle?
a. We must be understanding of the differences of how others express themselves through verbal communication. b. We must understand that there is an element of mystery to any message. c. We must respond to conversations in ways that others expect as determined by the type or nature of the conversation. d. We must allow for misunderstandings in communication and be cognitively complex in our approaches.
Which of the following statements is true regarding the ethical standards of management accountants?
a. Management accountants are not obligated to develop their knowledge and skills beyond the level they had when they sought employment with the company. b. Management accountants are not responsible for monitoring their subordinates to ensure maintenance of confidentiality within the company. c. Management accountants are allowed privacy and are not bound to refrain from supporting activities of personal interest even when they could discredit the profession. d. Management accountants should refrain from relationships with individuals that could cause possible conflicts of interest.
For various reasons, a single economic entity may exist in the form of a parent and several legally separate subsidiaries, often referred to as an affiliated group. Which of the following is/are true?
a. A consolidation of the financial statements of the parent and each of its subsidiaries presents the results of operations, financial position, and cash flows of an affiliated group of companies under the control of a parent as if the group of companies composed a single entity. b. The parent and each subsidiary are legally separate entities that operate as one centrally controlled economic entity. c. Consolidated financial statements generally provide more useful information to the shareholders of the parent corporation than do separate financial statements for the parent and each subsidiary. d. all of the above e. none of the above
The statute of limitations for all lawsuits in the United States is two years
Indicate whether the statement is true or false