A manager who has engaged in self-dealing has violated the duty of loyalty to the corporation, unless the self-dealing was entirely fair to the corporation
Indicate whether the statement is true or false
True
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The currency fluctuations in global markets have a big impact on international transactions. What actions can be adapted if the domestic currency is strong?
What will be an ideal response?
An auditor who uses statistical sampling for attributes in testing internal controls is most likely to reduce the planned reliance on a prescribed control when the:
A. sample deviation rate is less than the expected population deviation rate used in planning the sample. B. sample deviation rate plus the allowance for sampling risk equals the tolerable deviation rate. C. tolerable deviation rate less the allowance for sampling risk exceeds the sample deviation rate. D. sample deviation rate plus the allowance for sampling risk exceeds the tolerable deviation rate.
Which of the following approaches to defining publics identifies "knowledgeables" or "influentials" based on others' perceptions of these individuals?
A. Psychographics D. Position B. Reputation E. Role in the decision process C. Covert power
Orangewood Industries bought a new cash register for $7,500. Orangewood originally planned to use the cash register for 4 years and then sell it for $600. After 4 years, Orangewood had recorded $6,900 of depreciation. If the company continues to use the cash register, still planning to sell it eventually for $600, then Orangewood should record:
A. $1,725 of additional depreciation. B. the removal of the cash register from its books because it is fully depreciated. C. no additional depreciation. D. $600 of additional depreciation.