Jones, a consulting manager of Miller & Co., is considering membership on an audit client's board of directors. Jones does not provide any services to this client. Which statement describing this situation is correct under AICPA rules?

a. Jones may join the board because he is not an auditor.
b. Jones may join the board because he is not a partner.
c. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.
d. Jones may not join the board because only non-managerial employees of the firm may serve as client management.

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

When they plug they’re nose