An accountant is generally not liable for damages if the accountant fails to inform a client of the tax consequences associated with selling a business

Indicate whether the statement is true or false


False

Business

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The absence of rules or the lack of uniform enforcement of existing rules leads to what might often seem to be arbitrary and inconsistent decisions by government officials.

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

Business

The changes in the balance of Work in Process Inventory and the total manufacturing costs for a period are used to compute cost of goods manufactured

Indicate whether the statement is true or false

Business

In the method favored by the majority of American ICs, the salary part of an expatriate employee's compensation package will generally be governed by the employee's level in the organization and will not be higher because of the foreign assignment.

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

Business

What are the risks associated with global franchising?

What will be an ideal response?

Business