The rule of law imposing vicarious liability on an innocent principal for the torts of an agent is respondeat superior
a. True
b. False
Indicate whether the statement is true or false
True
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For available-for-sale securities, a decline in value due to a temporary decline in market value below cost is
A) disclosed in the financial statements by means of a footnote. B) disclosed as a reduction from shareholders' equity on the balance sheet. C) disclosed as a loss on the income statement. D) not disclosed because the decline in value is only temporary.
The Fisher effect describes interest rate parity; it's the law of one price applied to interest rates. Interest rates vary to take anticipated differences in inflation levels into account.
Answer the following statement true (T) or false (F)
The biggest advantage of the data flow approach lies in the conceptual freedom found in the use of the four symbols
Indicate whether the statement is true or false
A(n) ____ is a standardized, interchangeable software module that is executable, has a unique identifier and has a well-known interface
a. object b. bean c. component d. resource