By stating its intention to "To be the world's leading sports and fitness company," Nike is articulating its ________

A) action plan
B) mission statement
C) global forecast
D) marketing target

Answer: B

Business

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The Sarbanes-Oxley Act helps an organization create an ethical corporate culture

a. true b. false

Business

An auditor discovered that a clients A/R turnover is substantially lower for the current year than for the prior year. This may indicate that:

a. obsolete inventory has not yet been reduced to fair market value b. there was an improper cutoff of sales at the end of the year c. an unusually large receivable was written off near the end of the year d. the aging of A/R was improperly performed in both years

Business