Under the Sarbanes-Oxley Act, which of the following bodies must contain members that are 100% independent of management?

A. Audit committee
B. Internal auditors
C. Board of directors
D. Board of supervisors


Answer: A

Business

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a. historical experience with projects succeeding or not succeeding b. the subjective judgment of the project manager c. multiplying the likelihood of event happening with consequences of event d. dividing the likelihood of event happening with consequences of event

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The Industrial Workers of the World was born in part out of frustration over the:

A. AFL's willingness to settle for small, day to day gains, in light of the oppressive work practices of the ownership class. B. CIO's emphasis on industrial unionism at the expense of crafts and tradespeople. C. KOL's failure to recognize the day-to-day struggles of the working class. D. NLU's inability to organize a national federation of labor unions that could support each other in times of struggle.

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Describe at least two other times since the Pickering decision in which the Supreme Court revisited the ruling. What were the outcomes?

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Rogue Outfitters Inc. has outstanding $1,000 face value 12% coupon bonds that make semiannual payments, and have 8 years remaining to maturity. If the current price for these bonds is $1,274.35, what is the annualized yield to maturity?

A) 7.81% B) 7.40% C) 6.12% D) 6.00%

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