That a state may exercise jurisdiction over conduct commenced outside its territory when the effect of the act is completed inside the territory is an application of:
a. the rule of reason.
b. the principle of objective territoriality.
c. the principle of territorial implementation.
d. the territorial theory.
b
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The partnership form of organization is more popular among professional service enterprises than among merchandise enterprises
a. True b. False Indicate whether the statement is true or false
Observation suffers from which of the following limitations?
a. Observation of processing is rarely unobtrusive. b. Observation of processing on one day does not necessarily indicate how transactions were processed on a different day. c. All the above. d. None of the above.
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Decrease in Accounts Receivable-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
For some, though certainly not all individuals, being ______ means using words that convey respect for and sensitivity to the needs and interests of different groups.
a. culturally sensitive b. politically sensitive c. culturally correct d. politically correct