Answer the following statement(s) true (T) or false (F)
1. The Securities and Exchange Commission is headed by 12 elected officials, known as commissioners.
2. The Securities and Exchange Commission has authority to impose disclosure requirements upon corporations that are offering securities to the public.
3. A securities offering to a limited number of shareholders may be exempt from the registration provisions of the Securities Act of 1933.
4. Any securities offered, sold, or delivered through any means of interstate commerce (including the U.S. Postal Service) are considered to be part of a private offering.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
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A company gathering demographic data relating to a foreign market can use it to ascertain
A. norms and beliefs. B. legal stipulations. C. market potential. D. economic prowess. E. cultural values.
Answer the following statements true (T) or false (F)
1. There is no need for managers to have employees participate in developing the budget because the budget is a management tool. 2. strategic budget is a long-term financial plan used to coordinate the activities needed to achieve the long-term goals of the company. 3. An operational budget is a short-term financial plan that coordinates activities needed to achieve short- term goals. 4. A strategic budget will be as detailed as an operational budget. 5. A static budget is a financial plan for only one level of sales volume.
Cause-related marketing is likely to continue to grow in this century because ________
A) of the high cost of advertising B) so many middle-aged baby boomers are more concerned about issues that affect their lives C) the natural and apparent connections between causes and companies D) the high cost of sales promotions
Which of the following organizations is primarily responsible for establishing GAAP in the United States?
A) Securities and Exchange Commission (SEC) B) Financial Accounting Standards Board (FASB) C) International Accounting Standards Board (IASB) D) Internal Revenue Service (IRS)