Nonverbal cues of a rational style person include intense and constant eye contact.
Answer the following statement true (T) or false (F)
False
Nonverbal cues of the rational style person may include fleeting eye contact, a gentle handshake, and flowing, nondramatic gestures.
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When circumstances preclude an auditor from performing certain procedures and the auditor can be satisfied using other alternative procedures, a disclaimer of opinion will be rendered
a. True b. False Indicate whether the statement is true or false
Which of the following is true regarding the contracts of intoxicated persons?
a. The effect of intoxication is generally the same as that given to contracts that are voidable because of adjudicated incompetency. b. Slight intoxication will destroy one's contractual capacity. c. If an intoxicated person is unable to understand the nature and consequences of his act, then the contract is voidable. d. Courts are strict with respect to the requirement of restitution upon disaffirmance.
Auctions have not proved very effective in determining how much potential customers will (or will not) pay for a product.
Answer the following statement true (T) or false (F)
Five years ago Brookfield Industries issued 30 year bonds with a 4% coupon rate callable at par after 5 years. Inflation has increased and the yield on bonds similar to Brookfield's is now 6%. Given these facts,
A) Brookfield is almost certain to call the bonds. B) the yield to call on the Brookfield bonds is now 6%. C) Brookfield is not likely to call the bonds any time soon. D) the price of the bonds will remain close to par because of their call value.