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PEREGRINE BUSINESS EXAM SET WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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  • PEREGRINE BUSINESS

When a business erroneously records expenses as assets, it has violated the measurement issue of: A. communication B. classification C. valuation D. recognition - ACCURATE ANSWERS B. classification A dividend will reduce which of the following accounts? A. Dividends B. Retained E...

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  • October 24, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • peregrine business exam set
  • peregrine business exam set with guaranteed accura
  • when a business erroneously records expenses as as

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  • PEREGRINE BUSINESS
  • PEREGRINE BUSINESS

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PEREGRINE BUSINESS EXAM SET
PEREGRINE BUSINESS EXAM SET WITH GUARANTEED ACCURATE ANSWERS |
VERIFIED




When a business erroneously records expenses as assets, it has violated
the measurement issue of:


A. communication
B. classification
C. valuation
D. recognition - ACCURATE ANSWERS✔✔ B. classification


A dividend will reduce which of the following accounts?


A. Dividends
B. Retained Earnings

,C. Common Stock
D. Accounts Payable - ACCURATE ANSWERS✔✔ B. Retained
Earnings


Liquidity - ACCURATE ANSWERS✔✔ The degree to which a security
can be quickly purchased or sold in the market at a price reflecting its
current value.


Sarbanes-Oxley Act - ACCURATE ANSWERS✔✔ Federal law that
established sweeping auditing and financial regulations for public
companies. Lawmakers created the legislation to help protect
shareholders, employees and the public from accounting errors and
fraudulent financial practices.


Continually shifting back and forth between the role of speaker and
listener is______.


A. a cultural practice
B. distracting to the speaker
C. called framing
D. making smooth transitions - ACCURATE ANSWERS✔✔ D. making
smooth transitions


The real increases in organizational productivity due to information
technology come from ______.

, A. the increased speed of message transfer
B. the increased volume of messages
C. the heightened awareness of cultural diversity
D. the ability to communicate in new and different ways - ACCURATE
ANSWERS✔✔ D. the ability to communicate in new and different ways


Lying by omission involves intentionally:


A. withholding material facts.
B. creating "noise" within the communication that knowingly confuses
or deceives the receiver.
C. using highly technical language that the receiver does not understand.
D. trying to not hurt someone's feelings. - ACCURATE ANSWERS✔✔
A. withholding material facts.


Conflicts of interest exist when employees must choose whether to:


A. advance their own interests, those of the organization, or those of
some other group.
B. advance the interests of the organization or those of society.
C. accept bribes.
D. carry out an assignment they perceive as unethical. - ACCURATE
ANSWERS✔✔ A. advance their own interests, those of the
organization, or those of some other group.

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