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NEW QUESTION 54
You have just been employed as a management accountant in a small business with an annual turnover of $0.5 million.
You have a wide range of duties because the business is small.
Which of the following is an ethical risk?

  • A. Being asked to work weekends, taking clients to night clubs making sure they have as much alcoholic drink as they want so that they will sign contracts.
  • B. Being asked to work weekends working out tenders for new contracts.
  • C. Being asked to buy very small gifts for key clients.
  • D. Being asked to work weekends, playing golf with clients.

Answer: A

 

NEW QUESTION 55
Which of the following will increase the value of a call option?

  • A. An increase in the time to expiry.
  • B. A decrease in the volatility of the share.
  • C. A decrease in the market value of the share.
  • D. An increase in the strike price.

Answer: A

 

NEW QUESTION 56
H sells machinery and also associated services, such as advice and repairs. H’s industry is going through considerable transformation.
Classify each of the examples of information available to H’s management as strategic, operational or of having little value.

Answer:

Explanation:

 

NEW QUESTION 57
H sells machinery and also associated services, such as advice and repairs. H’s industry is going through considerable transformation.
Classify each of the examples of information available to H’s management as strategic, operational or of having little value.

Answer:

Explanation:

 

NEW QUESTION 58
……

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