Offensive economic lockout is justified if the lockout was used to pressure employees to end the labor dispute on grounds favorable to the employer

Losses from foreign currency translation were recognized.

a. as a component of operating income b. as a non-operating income item (other income or expense) c. as a discontinued operation d. as an item of other comprehensive income

An internal auditor who encounters an ethical dilemma not explicitly addressed by The IIA's Code of Ethics should always:

a. Seek counsel from an independent attorney to determine the personal consequences of potential actions. b. Consult with your organizations General Counsel. c. Seek the counsel of the audit committee before deciding on an action. d. Act consistently with the employing organization's code of ethics even if such action would not be consistent with The IIA's Code of Ethics. e. Take action consistent with the principles embodied in The IIA's Code of Ethics.