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Replacement value, market value and multiples are examples of other valuation methods Question 13 options: TrueFalse The most common valuation method for businesses is DCF,

Replacement value, market value and multiples are examples of other valuation methods

Question 13 options:

TrueFalse

The most common valuation method for businesses is DCF, discounted cash flow.

Question 14 options:

TrueFalse

Agency theory provides a simplified view of the corporation, and as a result, this view is problematic; and, a robust view of the corporation, which is more inclusive of all stakeholders.

Question 15 options:

TrueFalse

For managerial accountants, the allocation of funds, counting of revenue streams, and tracking of projects happens on a quarterly basis only.

Question 16 options:

TrueFalse

The tax and auditing services provided by public accountants ensure that organizations abide by IRS, SEC, and FASB rules.

Question 17 options:

TrueFalse

Accountants focus only on internal stakeholders.

Question 18 options:

TrueFalse

In the text, the authors count finance as a group.

Question 19 options:

TrueFalse

The Sarbanes-Oxley Act of 2002 created the Public Company Accounting Oversight Board, whose purpose is to set auditing, quality control, and ethical standard; as well as, inspect accounting firms' audit operations & investigate an impose sanctions for violations.

Question 20 options:

TrueFalse

According to the Sarbanes-Oxley Act, public companies need to adopt a corporate code of ethics for middle managers.

Question 21 options:

TrueFalse

Due to the complexity of valuation, there is no way for a manager to use finance as a method to figure out valuation from an ethical perspective.

Question 22 options:

TrueFalse

When it comes to mergers valuation is the only method used by organizations to assess proper fit between two organizations.

Question 23 options:

TrueFalse

According to the authors of the text, for private accountants to avoid ethical lapses they should use decision guidelines.

Question 24 options:

TrueFalse

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