State licensing and regulation of occupations may:
a. only be done for occupations approved for state control by Congress b. not be shown to limit entry because of high education requirements
c. not be shown to limit entry because of long apprenticeship periods d. all of the other specific choices
e. none of the other choices
e
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Which of the following would be the likely risk results from using a 1% level of detection risk?
a. High detection risk and low audit risk. b. High detection risk and high audit risk. c. Low detection risk and high audit risk. d. Low detection risk and low audit risk.
The federal government's Social Security program, which pays benefits to older members of society but not to younger members of society, is lawful as examined by a(n) ________ test.
A. rational basis B. intermediate scrutiny C. strict scrutiny D. due process
If the stock market is efficient, then investors do not need to read the Wall Street Journal or research
companies before they select which stocks to buy because market prices already reflect all publicly available information. Indicate whether the statement is true or false
Simon Company has two foreign subsidiaries. One is located in France, the other in England. Simon has determined the U.S. dollar is the functional currency for the French subsidiary, while the British pound is the functional currency for the English subsidiary. Both subsidiaries maintain their books and records in their respective local currencies. What methods will Simon use to convert each of the subsidiary's financial statements into U.S. dollars? English Subsidiary'sFinancial StatementsFrench Subsidiary'sFinancial StatementsA)TranslationTranslationB)RemeasurementRemeasurementC)RemeasurementTranslationD)TranslationRemeasurement
A. Option A B. Option B C. Option C D. Option D