The returns from investing in stocks and from investing in bonds are not highly correlated

Indicate whether the statement is true or false.

Answer: TRUE

Business

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For which laws and regulations does the auditor have the same responsibility as that for errors and fraud?

A) Laws and regulations that have an indirect effect on the determination of financial statement amounts. B) Laws and regulations that have a material but indirect effect on the determination of financial statement amounts. C) Laws and regulations that have a direct and material effect on the financial statements. D) Laws and regulations that have a direct and material effect on the financial statements as well as laws and regulations that have material but indirect effect on the determination of financial statement amounts.

Business

In many organizations the role of Incident Manager is assigned to the Service Desk. It is important that the Incident Manager is given the authority to:

A. Only manage Incidents effectively through 1st and 2nd line B. Only manage Incidents effectively through the 1st line C. Only manage Incidents effectively at the 3rd line D. Manage Incidents effectively through 1st, 2nd and 3rd line

Business