Bridgette is a managerial accountant at the middle peninsula manufacturing company. recently, bridgette received a certified management accountant (cma) certification. to receive thecertification, bridgette was required to attend classes and she had to pass a rigorous examination and maintain continuing professional education now and as designated in the future. to prepare for theexam, bridgette focused on managerial accounting topics, economic topics, and business finance topics. the exam permits bridgette to earn a competitive salary and to obtain a promotion to a higherminus−level position within the company. which of the following is the name of the regulatory body that issues the certified management accountant (cma) certification?

a. the federal reserve board
b. institute of management accountants (ima)
c. sarbanesminus−oxley act of 2002
d. international financial reporting standards (ifrs)
e. u. s. securities and exchange commission

New team of management has taken over. as a result, organizational changes from a country-club style leadership where everyone does whatever they want has changed to a more mechanistic, structured, top-down management style. what ethical issues should the employees consider and how should they go about addressing these?

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?