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NEW QUESTION: 1
A government agency's policy states that board members' travel and hospitality expenses must be audited annually. Which of following people or groups is most appropriate to perform this audit?
A. The internal audit activity.
B. The external auditors from an accounting firm.
C. The government's independent auditor.
D. The agency's chief compliance officer.
Answer: C
NEW QUESTION: 2
CORRECT TEXT
The drug metronidazole comes in which dosage forms?
Answer:
Explanation:
Tablets, capsules, Injectable,lotion, cream, and gel
NEW QUESTION: 3
Serena Zaltz is a portfolio manager at Katalina Investments, a small boutique in Connecticut. She currently manages 3 client accounts, one of which belongs to John Hersham. John recently told Serena that if his portfolio beat the S&P500 by 75 basis points over the next 3 months, he would give 10 basis points to her as a "superior performance reward." Serena told him this was unnecessary but John insisted that such an arrangement be made on a handshake. Serena subsequently spoke to her supervisor, Helena, about it and Helena did not object to the arrangement. Then, Serena has:
A. has violated Standard IV (A.3) - Independence and Objectivity.
B. not violated any code of conduct.
C. has violated Standard III (D) - Disclosure of Additional Compensation Arrangements.
D. has violated Standard IV (B.8) - Disclosure of Referral Fees.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
While Serena may have informed her employer orally about her additional compensation arrangement, Standard III (D) requires written notification to the employer and this includes any form of communication that can be documented. Such written disclosures act as paper trails of all such arrangements and act as a deterrent to such arrangements except in the more compelling cases.
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