An auditor should compare the unaudited financial statements with both past results and industry trends to gain an indication about the possibility of fraud
a. True
b. False
Indicate whether the statement is true or false
True
Business
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Your client Ming is a complex trust that operates exclusively in the United States. Make a list of five or more tax planning opportunities that you might suggest to Ming.
What will be an ideal response?
Business
What is the point of sending "for-your-information" messages, if they are not related to business information?
What will be an ideal response?
Business
If a firm has a current ratio of 2, the subsequent receipt of a 60-day note receivable on account will cause the ratio to decrease
Indicate whether the statement is true or false
Business
A research proposal must include all factors that will be studied
Indicate whether the statement is true or false
Business