The halo effect is when an impression formed in one question carries into the next question

Indicate whether the statement is true or false

TRUE

Business

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Vision and mission statements inform managers and employees of the firm's direction

Indicate whether the statement is true or false

Business

The Foreign Corrupt Practices Act (FCPA) of 1977

A) requires auditors to review and evaluate systems of internal control as a part of an audit. B) requires SEC registrants to maintain a reasonably complete and accurate set of records and an adequate system of internal control. C) requires auditors to review client's internal control system in a manner which is thorough enough to judge whether client meets the requirements of the FCPA. D) requires auditors to file a report with the SEC if client's internal control system is inadequate.

Business