Sending employees on international assignments is an example of a(n) ________ approach to employee development.
A. formal education
B. mentoring
C. job experience
D. assessment
Answer: C
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In the substantive audit procedures for payroll where the control risk is set at low, an auditor most likely would:
A. trace individual employee deductions to entity journal entries. B. compare payroll costs with entity standards or budgets. C. observe entity employees during a payroll distribution. D. verify that checks representing unclaimed wages are mailed.
Which of the following does NOT represent a change in reporting entity?
a. Changing the companies included in combined financial statements b. Disposition of a subsidiary or other business unit c. Presenting consolidated statements in place of the statements of individual companies d. Changing specific subsidiaries that constitute the group of companies for which consolidated financial statements are presented
Assuming no exemption applies, what is the penalty for a violation of section 5 of the 1933 Act through offering a security for sale without an effective registration statement or by means of a noncomplying prospectus?
a. The purchaser may keep the shares if the investment proves successful; or if within one year from the date of purchase the investment proves unprofitable, the investor can get his or her money back. b. The purchaser must keep the shares if the investment proves successful; or if within one year from the date of purchase the investment proves unprofitable, the investor will be refunded his or her money. c. The investor has no option to keep the shares but will be refunded his or her money. d. The investor must hold the shares for at least two years but will be refunded his or her money if the investment has failed to show a profit within that amount of time.
Which of the following is not one of the four best-known approaches for developing a major selling idea?
A. using a unique selling proposition B. finding the inherent drama C. positioning D. engaging in a dialogue E. creating a brand image