Cross-border mergers are an infrequently used form of direct foreign investment because of differing languages and cultures.

Although agency "captives" and agency "shadows" are different phenomena,they contribute to the same arguable result: an increase in agency independence.

External auditors report on whether or not the company's financial statements fairly present its financial position and results of operations.

Who is least likely to make the conjunction error?

A) Individuals who make decisions alone.
B) Individuals who are rewarded if they make accurate decisions.
C) three-person groups.
D) three-person groups who are rewarded if they make accurate decisions.
E) Linda

The dual effects concept implies that every transaction has at least two effects on the accounting equation.