Under the modern traditional theory, the sovereign may nationalize foreign-owned property only where:
A) it is for a public purpose
B) the foreign firm that owned the property was operating it unprofitably.
C) a communist government takes over the country.
D) the foreign firm has continuously violated the laws of the host country.
A
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If auditors conducting attributes sampling found that the entity deviated from a prescribed control in nine of the first 10 items examined, the auditor is most likely to:
A. increase the computed upper deviation rate. B. decrease the tolerable deviation rate. C. increase sample size. D. stop the test and increase control risk.
When compared to the costs of carrying excess inventory, the cost of lost sales is insignificant and should be ignored.
Answer the following statement true (T) or false (F)
In an environment of shared information, the richest communication occurs face to face.
Answer the following statement true (T) or false (F)
The ______column(s) in the sensitivity analysis report show(s) the extent to which the profit per unit of the decision variables can be changed without affecting the current optimal solution.
a. final value b. reduced cost c. shadow price d. allowable increase and allowable decrease