Governmental attestation engagements must comply with the Government Auditing Standards but are exempt from compliance with the AICPA's attestation standards.

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


False

Governmental attestation engagements must comply with both the Government Auditing Standards and with the AICPA's attestation standards.

Business

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Pursuant to the power given to it by Article III of the U.S. Constitution, Congress has established the U.S. District Courts.

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

Business

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

1. The morality of a power source depends on the ends or goals that it serves. 2. Some forms of power are inherently immoral. 3. Power linked to an organizational position is more dangerous than power linked to 4. Having too little power can lead to unethical behavior. 5. Organizational politics involves the use of official or formal power.

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An incidental third party beneficiary cannot sue to enforce the contract because the benefit is unintentional

Indicate whether the statement is true or false

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Eliza was an antique expert. She went to a party at Johanna's house and saw a magnificent Queen Anne table out on the back porch. She asked Johanna about it and was told it was in the way so they were going to store it in the barn. Eliza offered to buy it from her for $200. The next week, Johanna saw it in Eliza's store on sale for $3,000. Johanna:

A) can get the table back because of fraudulent concealment of the value. B) can get the true value, because it would not be fair otherwise. C) cannot rescind the contract because Eliza did not have a duty to tell her the value of the table. D) cannot rescind the contract because she did not rely on Eliza to give her a fair price.

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