The act of state doctrine provides that the executive branch of one country will not examine the validity of public acts committed by a recognized foreign government within its own territory

a. True
b. False
Indicate whether the statement is true or false


False

Business

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An index fund is

A. a mutual fund that mimics a stock index. B. an investment company that pools the funds of many investors and buys government bonds. C. a mutual fund that buys mortgage-backed securities (MBSs). D. a company that rates companies in terms of their financial strength.

Business

Certain duties that are deemed incompatible in a manual system may be combined in a computer-based information system environment

Indicate whether the statement is true or false

Business

An auditor adjusts the audit plan by introducing unexpected audit procedures in response to what the auditor believes management may be doing to conceal a fraud based on management's strategic reasoning. Which order of reasoning is occurring here?

a. Low-order reasoning b. Zero-order reasoning c. Higher-order reasoning d. First-order reasoning

Business

The ________ method of promotional budgeting is based on determining the level of spending necessary to accomplish specific promotion goals

A) percentage-of-sales B) competitive-parity C) top-down D) pull-push E) objective-task

Business