Which type of investment involves the acquisition of foreign assets for the purpose of controlling them?

A) foreign direct investment
B) foreign portfolio investment
C) capital investment
D) controlling ownership

A

Business

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A CPA audits the financial statements of a local bank. According to the AICPA Code of Professional Conduct, the appearance of independence ordinarily is not impaired if the CPA

a. Serves on the bank's committee that approves loans b. Owns several shares of the bank's common stock c. Obtains a home mortgage from the bank d. Uses the bank's time-sharing computer service to solve client-related problems

Business

One way to stretch capacity is to utilize the facility for longer periods

Indicate whether the statement is true or false

Business