Finance

Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as ________ laws.

What form of business ownership is best to use when the business owners have difficulty acquiring enough money to pay for the startup costs and initial operating expenses?

• Partnership

• Sole proprietorship

• Franchise

• Corporation

An important purpose of full-disclosure laws and regulations is to

• allow company employees to use inside information for personal gain.

• provide information to investors so they can make informed decisions.

• require companies to disclose all information about their operations.

• prevent a stock's par value from dropping below its market value.

Which of the following is a tax-deductible gift:

• Stocks

• Vacation home

• Charitable donation

• Inherited items

Which of the following is an example of a preventive internal control:

• Physical inventories

• Data reconciliations

• Variance analyses

• Segregation of duties

What type of technology do businesses use to inspect financial transactions and ensure that they are in compliance with government regulations?

• Domain computing

• Cyber mapping

• Virtual auditors

• Simulation browsers

A researcher should consider an author's expertise in a particular topic when assessing the validity of written articles and publications to

• analyze the author's emotional intelligence.

• verify the timeliness of the information.

• evaluate the author's level of credibility.

• confirm personal understanding of the information.

What method of note-taking involves using headings and subheadings to record the relationships and content in a well-organized, multi-level structure?

• Sentence

• Outline

• Mapping

• Shorthand

In a formal business letter, the salutation is written

• after the body of the letter.

• on the front of the envelope.

• on the back of the envelope.

• before the body of the letter.

What is an example of a topic that would be addressed in an informational message?

• Request for payment on a past-due account

• Date and time of appointment with customer

• Charitable appeal for a corporate donation

• Invitation to speak at a national conference