Which of the following are accounting symptoms that may indicate cash or marketable security misstatements?

a. Obtaining statements directly from financial institutions as of the date you are
concerned about.
b. Differences between recorded amounts and amounts confirmed with banks, brokers, and other independent parties.
c. Having physical possession of marketable security certificates.
d. Comparing cash and marketable security balances with those of similar companies.


b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.

Business

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The government provides deposit insurance through the

A. FDIC. B. FHC. C. FSLIC. D. IDC.

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In the chasm model, the first small crack appears between:

A) the late majority and the laggards. B) the innovators and the early adopters. C) the early adopters and the early majority. D) the early majority and the late majority.

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A ________ translates numbers into graphical displays so that findings can be comprehended visually

A) figure B) column C) table D) row E) cell

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Levon leaves his truck at MakeRight Vehicle Shop for repair. When Levon refuses to pay for the work, MakeRight refuses to give him possession of the truck. MakeRight has committed

A. malicious prosecution. B. no tort. C. trespass to personal property. D. wrongful interference with a contractual relationship.

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