An agency by ratification occurs when a principal ratifies an authorized act

Indicate whether the statement is true or false

FALSE

Business

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In what way does the public accounting profession in the United Kingdom differ from the profession in the United States?

A. Public accountants in the U.K. may not sign audit reports. B. Auditors in the U.K. do not need to be independent from their audit clients. C. Public accountants in the U.K. are paid by the government for their audit services. D. Public accountants in the U.K. are not required to have a university education.

Business

Truthfulness is one of the guiding principles of the Mixed Ethical Framework

a. True b. False

Business