The Securities Litigation Reform Act of 1995:
a. makes companies strictly liable for misstatements
b. makes it safer for firms to make careful predictions about profits and success
c. imposes greater liability on companies that make predictions about future performance d. changes the liability standard in securities fraud cases to negligence
e. does none of these things
b
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Which of the following statements supports single sourcing?
a.there is a need to reduce supplier dependence on the buying organization. b.there is a high probability of a devastating natural disaster. c.there is a patent involved. d.there is volatility in the supply market. e.concerns exist about supplier capacity for future volume.
The definition of a sunk cost is
a. a cost that cannot be recovered regardless of what happens. b. a cost that relates to money poured into the ground. c. considered the original cost of an item. d. also known as an opportunity cost.
The purpose of business incubators is to shelter failing enterprises by providing financial services.
Answer the following statement true (T) or false (F)
For each transaction recorded in an accounting system, the basic equation that must be maintained at all times is:
A. Assets = Liabilities. B. Revenues = Expenses + Dividends. C. Assets = Liabilities + Stockholders' Equity. D. Cash Increases = Cash Decreases.