Reference no: EM132945865

1.How do some environmental laws affect businesses?

2. What type of business ownership is characterized by limited liability?

3. One of the main goals of full-disclosure laws and regulations is to ensure that

4. Who has fiduciary responsibility for making choices on behalf of a corporation's shareholders:

5. Which of the following is an exemption from the estate tax:

6. Mr. McKinney donated a portion of his wages to a local charity last year and did not have to pay taxes on the amount he donated. This is an illustration of a (n)

7. Michelle has a small business and her computer files include obsolete customer information. She has squandered a great deal of time and money by sending mail to customers who have moved or who have received numerous copies of her mailings. What kind of computer program should Michelle use to keep her customer database up to date?

8. What are the dangers of a company that does not respect government regulations?

9. A virtual auditor uses which of the following reasoning processes to identify financial system activities that are substantially similar but not identical:

10. What technology is used by firms to audit financial transactions and ensure that they comply with government regulations?

11. What kind of data is frequently transferred via upward communication?

12. Companies employ technology to improve consumer connections.

13. A positive outcome of appropriately managing consumer concerns is that it will

14. What should finance professionals do to develop long-term client relationships?

Finance professionals should utilize the following phrases when giving product information to clients:

16. First Bell Bank is more interested in examining groupings of clients than individual customer data. A group's members should be comparable but distinct from other consumer groups.

To prepare First Bell Bank's customer data for analysis, which of the following Customer Relationship Management (CRM) activities should be used:

17. Financial institutions are held to a higher standard when they adhere to industry-specific regulatory laws.

18. Consumers control what goods and services are produced and at what price by deciding whether or not to buy.

19. What does consumer utility reveal about them?

20. The market price is the current price in a certain market.