The ________ market consists of schools, hospitals, nursing homes, prisons, and the like that provide goods and services to people in their care
A) government
B) consumer
C) wholesale
D) for-profit
E) institutional
E
Business
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When a corporation declares a stock split, it usually does so because
A) the firm's retained earnings are excessive. B) there are too many shares of stock outstanding. C) investors sometimes require nontaxable returns. D) it wants to make its stock more affordable to average investors.
Business
Which of the following suggests a weakness in the internal control environment?
a. the firm has an up-to-date organizational chart b. monthly reports comparing actual performance to budget are distributed to managers c. performance evaluations are prepared every three years d. the audit committee meets quarterly with the external auditors
Business