The purchase of treasury stock ________ a corporation's assets and _______

The purchase of treasury stock ________ a corporation's assets and ________ its shareholders' equity.

A) increases; increases
B) decreases; increases
C) increases; decreases
D) decreases; decreases

(Q. 2) The primary risk associated with long-term debt is the risk of ________.

A) raising money from investors
B) raising money from creditors
C) not being able to make the debt payments
D) positive financial leverage

(Q. 3) Combining the functions of authorizing and executing events is a violation of the organizational control plan known as _____________________________ _.
Fill in the blank(s) with correct word

(Q. 4) Explain the difference between a secured bond and a debenture.

What will be an ideal response?

(Q. 5) If any merchandise has been returned, the sales discount is calculated on the net sales amount.
a. True
b. False
Indicate whether the statement is true or false

(Q. 6) When a firm uses internal auditors, it is adhering to which of the following internal control elements?
a. risk assessment
b. monitoring
c. proofs and security measures
d. information and communication

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The purchase of treasury stock a corporation's assets and its shareholders' ...

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The purchase of treasury stock ________ a corporation's assets and ________ its shareholders' ...

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The purchase of treasury stock a corporation's assets and its shareholders' ...