Which of the following is not an example of an enabling act?
A) Government in the Sunshine Act
B) Securities Exchange Act of 1934
C) Federal Trade Commission Act
D) Occupational Safety and Health Act
A
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Which of the following statements is true about recklessness?
A. Assumption of risk is not a good defense for recklessness. B. It is best defended with a plea of contributory negligence. C. It is identical to intentional wrongdoing. D. It is more morally objectionable than negligence but less than intentional wrongdoing.
A normal type size is 12- too 14-points
a. true b. false
Which of the following best describes the primary role of auditors in financial reporting?
A. Independent party hired by management to express a professional opinion of the extent to which the company's financial reporting is in compliance with generally accepted accounting principles. B. Consultants that are hired by company management to advise on key matters related to competition, product pricing, employee retention, and financial reporting strategies. C. Key employees of the company that actively participate on the management team in strategic planning, product development, and financial reporting. D. Government employees assigned by local officials to ensure accurate financial reporting and operational integrity by the company.
A product mix decision focuses on generating the maximum profit for a company but does not consider the company's limited production capabilities
Indicate whether the statement is true or false