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NEW QUESTION: 1
Which of the following is true for Red flags associated with fictitious revenues?
A. A significant volume of sales to entries whose substance and ownership is not known.
B. Slow growth or usual profitability, when not compared to other companies in the same industry.
C. Usual growth in the number of days purchase in receivables
D. A usual surge in purchase by a majority of units within a company, or of purchase recorded by corporate headquarters.
Answer: A
NEW QUESTION: 2
Assuming that the information contained in a registration statement is complete and accurate, the
registration statement becomes effective:
A. 10 days after receipt by the SEC
B. 30 days after receipt by the SEC
C. only after the SEC specifically clears the issue in writing to the principal underwriter
D. 20 days after receipt by the SEC
Answer: C
Explanation:
only after the SEC specifically clears the issue in writing to the principal underwriter. The
registration statement becomes effective when notice is received in writing from the SEC.
NEW QUESTION: 3
What is the standard unit of time value passed to requestUserUpdates() function to get location updates?
A. Minutes
B. seconds
C. milliseconds
D. microseconds
Answer: C