If a manufacturer of television sets acquires a magazine publisher, it will be a:
a. vertical merger.
b. horizontal merger.
c. conglomerate merger.
d. product-line.
c
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Why should the client's legal expenses be examined?
a. To compare with previously released attorney's letters. b. To determine the types of fraud occurring in the organization. c. To ensure proper recording of vendor payables. d. To determine if there is any litigation pending or threatened.
Retail convergence means lower competition for retailers and lower difficulty in differentiating the product assortments of different types of retailers
Indicate whether the statement is true or false
The knowledge that a misrepresentation is false is known as:
A) Scienter. B) Undue influence. C) Duress. D) Res ipsa loquitur. E) Fraud in the factum.
The CMA is a professional certification that managerial accountants can earn to validate their skills and the specialized knowledge that they possess.
Answer the following statement true (T) or false (F)