Management philosophy and operating style would have a relatively less significant influence on a firm's control environment when:
A. Accurate management job descriptions delineate specific duties.
B. The audit committee does not have regular meetings.
C. The internal auditor reports directly to the controller.
D. Management is dominated by one individual.
Answer: A
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Current trends affecting marketing communications include the following, except:
A) explosion in the use of alternative media B) emphasis on pull marketing strategies C) accountability and measurable outcomes D) changes in tasks performed by key players
Lassen Corporation issued ten-year term bonds on January 1, 2010, with a face value of $800,000 . The face interest rate is 6 percent and interest is payable semiannually on June 30 and December 31 . The bonds were issued for $690,960 to yield an effective annual rate of 8 percent. The effective interest method of amortization is to be used. How much bond interest expense (rounded to the nearest
dollar) should be reported on the income statement for the year ended December 31, 2010? a. $48,000 b. $55,422 c. $55,131 d. $55,276
Before the environmental legislation was enacted during the 1970s, the primary legal avenue open for addressing environmental concerns was ________ law.
Fill in the blank(s) with the appropriate word(s).
As a general rule, those who study public opinion recognize that ________
A) it is easy to move people toward a strong opinion B) it is difficult to move people toward a strong opinion C) it is easy to move people toward a weak opinion D) it is difficult to move them away from a weak opinion