Ordinary negligence by an accountant is not a violation of Section 10(b) and Rule 10b-5

Indicate whether the statement is true or false

TRUE

Business

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Accounts Payable is a permanent account

a. true b. false

Business

A major advantage of offshoring for some American companies is that they

a. lower costs and therefore become more competitive. b. raise prices to cover the costs of offshoring. c. develop closer alliances with American labor unions. d. can avoid participation in international business.

Business