A constitution is fundamental law which establishes the powers of the government and the limits of that power

a. True
b. False
Indicate whether the statement is true or false


True

Business

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If a company hires honest employees, no internal control procedures are necessary

a. True b. False Indicate whether the statement is true or false

Business

According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is that nonprofit organizations ______

A. make decisions that are consistent with the mission and ethical values of the organization B. do not make a profit C. do not pay federal taxes D. do not charge customers for services

Business

A power of attorney can be given only to a notary public.

Answer the following statement true (T) or false (F)

Business

The difference between merchandise exports and imports is called the current account balance

Indicate whether the statement is true or false

Business