Under the foreseeability standard, an accountant is liable even if he or she had no knowledge of the intended user of the audited financial statements

Indicate whether the statement is true or false

TRUE

Business

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Company A and Company B of the same supply chain rely on market responsiveness to attract customers

Each company has access to the other company's designs, production schedules, and goals, and if Company A needs product overnight, Company B gladly ships it, knowing that in the long run it works to the benefit of both. Such an arrangement is an example of A) intrafunctional scope. B) intraoperation scope. C) interfunctional scope. D) intercompany scope.

Business

The market value of common stock is completely unrelated to its par value

Indicate whether the statement is true or false

Business