Which one of the following would the auditor consider to be an indication of a potential going-concern problem?
a. Loss of the controller to a competitor.
b. Improper reporting of internal controls by management.
c. Adverse key financial ratios.
d. Large increase to sales in the month previous to year-end.
c
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In case of business cycles, if output falls below the trend line
A. unemployment and inflation both rise. B. unemployment and inflation both fall. C. unemployment rises and inflation falls. D. unemployment falls and inflation rises.
American Apparel is building a global brand on the positioning "Made in Downtown LA."
Indicate whether the statement is true or false
When composing a presentation, content should _____
A) change the audience's opinion B) engage the audience and meet their needs C) be presented in bullet points D) include design elements that provide distraction E) include a variety of visual aids
A biology professor delivers a lecture on a recent discovery in genetics, the causes and ramifications of which are still largely a mystery to scientists. This is an example of which type of informative presentation?
a. exploratory b. explanatory c. descriptive d. demonstrative