The following is from the Wiley CPA 2011 Test Bank Software (Online). Click here to get over 600 BEC CPA Exam practice questions for $87.
Topic: Corporate Governance
Which of the following forms of compensation is more likely to result in shirking by management?
A: Fixed compensation.
B: Base salary and bonus.
C: Base salary and stock options.
D: Base salary and stock grants.
The following BEC question is from the Wiley CPA Test Bank for BEC. A short-term speculative rise in the worldwide value of domestic currency could be moderated by a central bank decision to A. Sell domestic currency in the foreign exchange market. B. Buy domestic currency in the foreign exchange market. C. Sell foreign currency […]
The following BEC question is from the Wiley CPA Test Bank for BEC. When designing the physical layout of a data processing center, which of the following would be least likely to be a necessary control? A: Design of controls to restrict access. B: Adequate physical layout space for the operating system. C: Inclusions of […]
The following is from the Wiley CPA Review BEC Online Test Bank. Used with permission from the Publisher. Topic: Cost Accounting Morton Company’s manufacturing costs for 2008 were as follows: Direct materials: $300,000 Direct manufacturing labor: 400,000 Variable Factory overhead: 80,000 Fixed Factory overhead: 50,000 Prime costs totaled A: $300,000 B: $380,000 C: $700,000 […]
The following is from the Online Wiley CPA Software. Used with permission from the Publisher. Topic: Business Structures Which of the following is not necessary to create an express partnership? A: Execution of a written partnership agreement. B: Agreement to share ownership of the partnership. C: Intention to conduct a business for profit. D: Intention […]
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A. Fixed compensation
A. Fixed Compensation
c.??
A! (I just read Jeff's notes)
This is about the fifth time I've seen this question. Definitely A since it gives the least incentive to the manager to act in the benefit of the shareholders.
Is there any exam practice questions only from Corporate Governance? in form of software or text?