Interpretative rules issued by administrative agencies are:
a. judicial statutes with the same force and effect of law as statutes passed by Congress b. rules that describe an agency's organization, method of operation, and internal practices c. statements that may only rephrase the language of a statute passed by Congress
d. all of the other specific choices may be in that category e. none of the other choices
e
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A change from LIFO to FIFO should be accounted for
A) by footnote disclosure only. B) prospectively only. C) currently and prospectively. D) retrospectively.
Even if a firm obtains all of its common equity from retained earnings, its MCC schedule might still increase if very large amounts of new capital are needed.
Answer the following statement true (T) or false (F)
Simone wants to become a partner in her Atlanta law firm. She knows that if she bills the most revenue, it will help her get her partnership. This ________ can lead to unethical behavior.
A. indirect blindness B. slippery slope C. overvalued outcome D. ill-conceived goal E. motivated blindness
Documentation of hiring decisions is necessary to ensure that a supervisor's decision was based upon job-related factors and was not discriminatory.
Indicate whether the statement is true or false