The Import-Export Clause of the U.S. Constitution: I. Prohibits the federal government from taxing exports. II. Prohibits the states from taxing either imports or exports

A) I only.
B) II only.
C) Both I and II.
D) Neither I nor II.


C

Business

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The combined storage of both data and the procedures that manipulate the data within an object is referred to as _____.

A. compression B. packaging C. encapsulation D. zipping

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Which of the following statements appropriately describe the different effects of operating loss carrybacks and carryforwards?

A) ?operating loss carrybacks result in a current asset and operating loss carryforwards result in a deferred tax asset. B) ?operating loss carrybacks result in a retrospective asset and operating loss carryforwards result in a prospective asset. C) ?operating loss carrybacks result in a deferred tax asset and operating loss carryforwards result in a deferred tax liability. D) ?operating loss carrybacks result in a deferred tax liability and operating loss carryforwards result in a deferred tax asset.

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Under the Sarbanes-Oxley Act, the audit committee of every publicly held corporation has direct responsibility for the appointment, compensation, and oversight of the work of the public accounting firm employed by the corporation to perform audit services

Indicate whether the statement is true or false

Business

Empirical tests of market efficiency fail to show that most major national markets are reasonably efficient

Indicate whether the statement is true or false.

Business