Under U.S. GAAP, it would need to be disclosed that Smith Company is under investigation for bribery charges because of ________
A) materiality
B) the cost constraint
C) timeliness
D) reliability
Answer: A
Explanation: A) To ensure transparency, materiality applies to both numerical or nonquantifiable concerns.
Business
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The level where managers develop overall business strategies and monitor the performance of the organization and the competitive business environment is the ___________ level.
A. Operational B. Strategic C. Managerial D. Communications
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The most popular channel used to share information online is
A. YouTube B. Facebook C. Twitter D. Instant message E. Email
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