The SEC has usually restricted its role in establishing accounting principles to

A. The promulgation and issuance of SASs (Securities Accounting Standards).
B. Developing definitions of key accounting terms.
C. Determining required disclosures.
D. Developing accounting standards for particular industries.
E. Specifying the information that should be included in interim financial statements.


Answer: C

Business

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Which of the following events occurs during the opening conference in a consultation provided by an Occupational Safety and Health Administration (OSHA) official to an employer?

A) The consultant studies the entire workplace or the specific operations designated by the employer and discusses the applicable OSHA standards. B) The consultant sends the employer a detailed written report explaining the findings and confirming any abatement periods agreed upon. C) The consultant places a confidential phone call to OSHA informing it about the safety standards being violated by the employer. D) The consultant meets with the employer to briefly review the consultant's role and the obligations of the employer.

Business

The Oxford Heating Company has been very successful in the past four years. Over these years, it paid common stock dividend of $4 in the first year, $4.20 in the second year, $4.41 in the third year, and its most recent dividend was $4.63

The company wishes to continue this dividend growth indefinitely. What is the value of the company's stock if the required rate of return is 12 percent?

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The appropriate use of displayers is more science than art

Indicate whether the statement is true or false

Business

Groupthink has the ability to undermine critical thinking in the group and harm the quality of decision making.

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

Business