What is a letter of comments?
A. A letter the SEC sends to a company indicating needed changes or clarifications in a registration statement.
B. A questionnaire supplied to the SEC by a company suggesting changes in Regulation S-X.
C. A letter included in a Form 10-K to indicate the management's assessment of the company's financial position.
D. A letter composed by a company asking for information or clarification prior to the filing of a registration statement.
Answer: A. A letter the SEC sends to a company indicating needed changes or clarifications in a registration statement.
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All of the following are property, plant, and equipment except
A. machinery B. buildings C. supplies D. land
Based on her long experience as a manager, Stella was convinced that people exert higher levels of effort when the goals set out for them are challenging and specific. Stella appears to be an advocate of
a. expectancy theory. b. equity theory. c. goal-setting theory. d. Theory Y. e. motivation-hygiene theory.