What are some of the regulations mandated by the Securities and Exchange Commission (SEC) that a public relations practitioner should know?
What will be an ideal response?
Practitioners should know the guidelines that pertain to insider trading and timely disclosure. These include:
• providing full information, referred to as "material" information, that might affect the price of stock.
• disclosing in timely fashion information on developments that might affect the price of stock.
• avoiding any semblance of trading in stock based on insider's information.
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A trial balance is often used when preparing financial statements
Indicate whether the statement is true or false
The average length of time elapsed before the product or component fails is known as ______.
A. MTBF (mean time between failures) B. MTBF (mean time of breakdown frequency) C. MTTR (mean time to repair) D. MTDT (mean time of downtime)
The essence of a broad differentiation strategy is to
A. incorporate a greater number of differentiating features into its product/service than rivals. B. outspend rivals on advertising and promotion in order to inform and convince buyers of the value of its differentiating attributes. C. appeal to the high-end part of the market and concentrate on providing a top-of-the-line product to consumers. D. offer unique product attributes in ways that are valuable and appealing and that buyers consider the cost worth it. E. lower buyer switching costs.
FASB Standard No. 52 mandates that U.S.-based companies must translate their foreign-currency-denominated assets and liabilities into dollars using the ________
A) historical rate B) current rate C) average rate D) rate prescribed by the SEC