Which of the following was advocated by Karl Marx?
A. Capitalist society
B. Individualism
C. Selling state-owned enterprises to private investors
D. Socialism
E. Private profit over public good
D
Modern socialists trace their intellectual roots to Karl Marx (1818-1883), although socialist thought clearly predates Marx (elements of it can be traced to Plato). Marx argued that the few benefit at the expense of the many in a capitalist society where individual freedoms are not restricted.
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According to Turkle, no matter how valuable Twitter and Facebook are, they do not substitute for ______.
Fill in the blank(s) with the appropriate word(s).
Individual supplier information can be found in the accounts payable ledger
Indicate whether the statement is true or false
Julie Webb, CPA takes out an automobile loan with First national Bank of Wellville (FNBW) while attending the University of Wellville. Julie graduates one year later and is hired as an auditor by Best and Driftwood, LLP. Her first assigned audit engagement is with First national Bank of Wellville, a client of Best and Driftwood. As a new audit assistant, Julie continues to pay her automobile loan
payments each month. According to the AICPA, why is Julie is considered a covered member for FNBW independence purposes? a. She will be working on the engagement. b. She has a direct financial interest in FNBW. c. She graduated in the same area as the client is operating. d. She has an immaterial direct financial interest in FNBW.
News media and web searches can provide useful information related to client management's integrity and the risk of material misstatement in the financial statements
a. True b. False Indicate whether the statement is true or false