An S corporation can have nonresident aliens as shareholders.
Answer the following statement true (T) or false (F)
False
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The auditor is most likely to presume that a high risk of a fraud relating to the misappropriation of assets exists if:
A. inadequate employee training results in lengthy EDP exception reports each month. B. the entity does business with several related parties. C. the entity is a multinational company that does business in numerous foreign countries. D. inadequate segregation of duties places an employee in a position to perpetrate and conceal theft.
An optimize position strategy differs from a harvest strategy in that an optimize position strategy ________
A) involves a conscious effort to reduce the customer base in order to reach a more profitable level of business B) is used to protect an attractive market position in which the business dominates with respect to competitive position C) is an offensive strategic market plan that seeks to improve a business's competitive position in an attractive segment of the market D) is used to maximize profits and cash flow as a business slowly exits a product-market E) is used for exiting a market by selling or closing down the business or eliminating the product
During the ________ stage of group development, the team prepares for its own disbandment. High performance is no longer a top priority. Instead attention is devoted to wrapping up the project.
Fill in the blank(s) with the appropriate word(s).
What is a charterparty?
What will be an ideal response?