To prevail under the 1933 Securities Act, a plaintiff must prove
A) the registration statement contained a material misstatement or omission; and the plaintiff lost money
B) the registration statement contained a material misstatement or omission; the auditor acted knowingly or recklessly; and the plaintiff lost money.
C) the registration statement contained a material misstatement or omission; the auditor intended to deceive; and the plaintiff lost money.
D) only that the registration statement contained a material misstatement or omission.
A
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A company acquires equipment for $75,000 cash. This represents a(n):
A. Investing activity. B. Financing activity. C. Operating activity. D. Revenue activity. E. Expense activity.
A material loss should be presented separately as a component of income from continuing operations when it is
a. infrequent in occurrence but not unusual in nature. b. infrequent in occurrence and unusual in nature. c. a cumulative effect-type change in accounting principle. d. an extraordinary item.
Explain the purpose of mission statement, vision statement, values statements, and objectives.
What will be an ideal response?
Which of the following is a lean initiative that is consistent with sustainability practices?
A. increase in use of raw materials B. avoiding overproduction C. increased frequency of quality inspections D. employing more quality control personnel