________ make money on currency exchanges by the difference between the ________ price, or the price they offer to pay, and the ________ price, or the price at which they offer to sell the currency
A) Dealers; ask; bid
B) Dealers; bid; ask
C) Brokers; ask; bid
D) Brokers; bid; ask
Answer: B
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The purpose of the auditor‘s consideration of the effectiveness of internal controls is to determine the nature, extent and timing of substantive testing
a. True b. False Indicate whether the statement is true or false
Globalization has been encouraged by:
A. the complexity of matrix organizations. B. a lack of global resources. C. the ease of travel and communication. D. a decrease in employees willing to take foreign posts.
Remedies of the agent for breach of duty by the principal arise out of contract and tort law
a. True b. False Indicate whether the statement is true or false
Lowest Achievable Emissions Rate Technology is:
a. developed by EPA by accounting for economic costs and technical feasibility b. generally considered only a little less restrictive than the Best Available Control Technology (BACT)required in nonattainment areas c. determined case-by-case after a company has bought the maximum pollution offset available in the area d. determined on an industry-by-industry basis and is applied uniformly regardless of the level of pollution e. none of the other choices