The states did not have federal legislation prior to the time of the federal securities laws
Indicate whether the statement is true or false
False
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Which of the following audit procedures would be least likely to disclose the existence of related party transactions of a client during the period under audit?
A. Confirming purchases and sales transactions with the vendors and/or customers involved. B. Reading "conflict-of-interest" statements obtained by the client from its management. C. Scanning accounting records for large transactions at or just prior to the end of the period under audit. D. Reading minutes of the Board of Directors meetings for authorization or discussion of material transactions.
The early return rate of U.S. expatriate managers drops significantly when proper predeparture training is given
Indicate whether the statement is true or false.
Lefrada, a luxury watchmaker, stops production for three months and lays off 30 employees because of a sharp decline in its sales during the period of recession. In the given scenario, the laid off employees are facing _____.
A. seasonal unemployment B. structural unemployment C. frictional unemployment D. cyclical unemployment
Which of the following is NOT a trend affecting marketing planning strategy in the area of business and organizational customers?
A. interactive bidding and proposal requests B. web portals and Internet sourcing C. closer relationships and single sourcing D. more use of JIT and EDI E. less reliance on e-commerce and supply chain management