The Treaty Clause of the U.S. Constitution designates the president of the United States as its agent to deal with foreign affairs
Indicate whether the statement is true or false
TRUE
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Joe E. Conomist purchased 100 shares of IBM corporation in 2011 for $10,000. In 2014, Joe sold these shares to Sally Forth for $15,000. How would this sale of stock in 2014 affect IBM corporation?
A. IBM makes $5,000 in profit. B. IBM invests $5,000 in capital equipment. C. IBM suffers a loss of $5,000. D. IBM is unaffected.
The objective of monetary-unit sampling is to test the assertion that no material misstatements exist in an account balance or class of transactions.
Answer the following statement true (T) or false (F)
Which of the following is true of an ethical organizational culture?
A. An ethical corporate culture changes rapidly with whatever social trends that are prevalent at a given point in time. B. An ethical culture empowers employees to act in ethically responsible ways even when the law does not require it. C. An ethical corporate culture evolves naturally and is self-sustaining. D. An ethical corporate culture can be compromised for short-term financial gains.
Startling statements must be both true and ______.
Fill in the blank(s) with the appropriate word(s).