Publicly held firms that apply U.S. GAAP or IFRS must show earnings per common share data. Firms reporting multiple categories of income items must disclose earnings per common share
a. in the body of the statement of cash flows.
b. in the body of the balance sheet.
c. for the total, only.
d. for each reported category.
e. in the footnotes to the financial statements.
D
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Which of the following statements does not describe the responsibilities of a company's internal audit staff?
a. Internal auditors ensure that the company's financial statements have been presented fairly. b. Internal auditors focus on the efficiency with which the organization is run. c. Internal auditors help ensure that the company's policies and procedures are followed. d. Internal auditors prepare the report of management to the company's stockholders.
Which of the following is not a technology company, but used technology to revamp the business process of selling shoes?
A. Dell B. Netflix C. Zappos D. Amazon
If the beverage company, Spritz, says that its soda is “all natural,” but adds synthetic ingredients then they are not practicing
a. High morals b. High standards c. Ethical behavior d. Good ideals
Melanie was just hired as the risk manager of JKL Company. The company president asked her to make a thorough review of all of the company's loss exposures
Melanie noted that many employees were too heavily invested in stock issued by the company in their 401-k plan. Melanie suggested that the employees change some of their investment holdings to mutual funds that invest in stock issued by different companies. The risk control method that Melanie suggested is A) risk avoidance. B) duplication. C) diversification. D) separation.