The annual financial report of the U.S. government is prepared by the Department of the Treasury and audited by the Government Accountability Office.

Answer the following statement true (T) or false (F)


True

The annual financial report of the U. S. government is prepared by the Department of the Treasury and audited by the Government Accountability Office (GAO).

Business

You might also like to view...

What are some of the negative consequences of having an unethical leader?

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

Under current requirements, the weak disclosures of non-capitalized leases create incentives to structure leases in such a way as to avoid both capitalization and supplemental disclosure.

Business

What factor has contributed to limiting disadvantage groups for contribution and involvement in the workplace?

a. Lack of motivation b. Exclusion from circles of influence c. Lack of opportunity d. Lack of skill

Business

Snuff-it had always promoted its various snuff products as being 100% pure It had approximately 60% of the market for this product

A competitor, Interesting Plant Products, without investigating Snuff-it's product, was bringing out a new line of snuff products which would be in direct completion with Snuff-it. Interesting Plants began an advertising campaign which suggested that Snuff-it's products were less than 100% natural, which was not the case. Which of the following is TRUE? A) A product cannot have a reputation which can be damaged B) Interesting Plants has committed the tort of injurious falsehood C) Interesting Plants has committed the tort of defamation. D) Snuff-It must prove actual loss for damages to be awarded E) Interesting Plants is merely engaged in normal business competition in a free market

Business