Which of the following auditing procedures is ordinarily performed last?

A. Confirming accounts payable.
B. Reading of the minutes of the directors' meetings.
C. Testing of the purchasing function.
D. Obtaining a management representation letter.


Answer: D

Business

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Which of the following statements is false in describing different categories of trade areas?

A. The location of competitive stores can also affect the actual trade area configuration. B. The secondary trading area is the geographic area of secondary importance in terms of customer sales, generating about 20-30 percent of the site's customers. C. The primary trading area is the geographic area from which the shopping center or store site attracts 80 percent of its customers. D. The best way to define the three trade zones is based on driving time rather than distance. E. The tertiary trading area includes the remaining customers who shop at the site but come from widely dispersed areas.

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There are many disadvantages associated with the utilization of e-learning. Please briefly describe five disadvantages.

What will be an ideal response?

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Upon paying the principal debtor's entire obligation, the surety is __________ the rights of the creditor

a. subject to b. subrogated to c. exonerated by d. set off by

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The number of setups (or orders) per year is determined by the annual demand and ________

Fill in the blanks with correct word

Business