Standards tend to bring _________

A) interoperability
B) higher prices
C) both A and B
D) neither A nor B

A

Business

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Which of the following is not a right or preference associated with preferred stock?

a. The right to vote b. First claim to dividends c. Preference to corporate assets in case of liquidation d. To receive dividends in arrears before common stockholders receive dividends

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Which of the following is the authoritative body designated to promulgate attestation standards?

a. Auditing Standards Board b. Governmental Accounting Standards Board c. Financial Accounting Standards Board d. Government Accountability Office

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