The audit of the cash account is inherently risky due to volume of activity, liquidity and the account's susceptibility to fraud

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In an advertisement for Curves for Women, consumers are encouraged to "join now" by offering them the rest of the summer free. This portion of the ad corresponds to which step in the hierarchy of effects model?

A) awareness B) knowledge C) conviction D) the actual purchase

Business

Why do today's firms need integrated marketing communications systems? How do firms benefit from such systems?

What will be an ideal response?

Business

Answer the following statement(s) true (T) or false (F)

1. The balanced scorecard is a means of measuring strategic organizational performance that gives managers a chance to look at their company from the perspectives of stakeholders, including external customers, employees, and shareholders. 2. The Civil Rights Act, Title VII, is the 1964 federal legislation prohibiting illegal discrimination in employment based on individuals’ race, sex, religion, or national origin. 3. Equal employment opportunity (EEO) is the condition in which all individuals have an equal chance for employment, regardless of their race, color, religion, sex, age, disability, or national origin, as established in federal legislation and the U.S. Constitution and its Amendments (13 and 14). 4. The Family and Medical Leave Act (FMLA) is the federal legislation that requires organizations with 50 or more employees to provide up to 12 weeks of paid leave after childbirth or adoption, to care for a seriously ill family member, or for an employee’s own serious illness. 5. The Occupational Safety and Health Act (OSHA) is a law that authorizes the federal government to establish and enforce occupational safety and health standards for all places of employment affecting interstate commerce.

Business

Which of the following is NOT a rule for the interpretation of contracts?

A) The court will apply an objective test to the determination of the intention of the parties. B) The court may not consider dealings between the parties prior to entering into the contract. C) The court will read the words in a contract in the way that they are understood by people in business concerned. D) The court may use the dictionary definition of a word which appears in a contract. E) The court may rely on what the contract itself says that a word in it means.

Business