Which of the following is (are) true regarding the Government Accountability Office?

A. The GAO establishes auditing standards applicable to the federal government and its agencies
B. The GAO establishes accounting standards applicable to the federal government and its agencies
C. Both (A) and (B) above
D. Neither (A) nor (B) above


Answer: A

Business

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Which of the following statements is false?

A) Debenture bonds are secured liabilities B) Debenture bonds are issued based upon the credit rating of the company C) A company must have a long history of profitability to issue debenture bonds. D) A company must have strong positive cash flows to issue debenture bonds.

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Which of the following is a disadvantage of using direct mail as an advertising medium?

A) low audience selectivity B) lack of flexibility C) high competition within same medium D) relatively high cost E) lack of personalization of advertising message

Business

What are the three categories of control frequencies and how often are they used?

What will be an ideal response?

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. The text defines design thinking as:

a. a process used to enhance aesthetics in product design b. a process used to determine financial risk and cost projections c. a process used to improve strategic thinking and analytical thinking d. a process used to solve complex problems and navigate uncertain environments

Business