?______ is a popular strategy that occurs when two or more companies form a temporary partnership or consortium for the purpose of capitalizing on some opportunity.
A. Joint venture
B. Alliancing
C. Joint alliance
D. Coordinating
E. Combining
A. Joint venture
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An auditor wishes to perform tests of controls on an entity's cash disbursements procedures. If the control activities leave no audit trail of documentary evidence, the auditor most likely will test the procedures by:
A. confirmation and observation. B. inquiry and analytical procedures. C. observation and inquiry. D. analytical procedures and confirmation.
Ethical issues also arise if the users of secondary data are unduly critical of the data that do not support their interests and viewpoints
Indicate whether the statement is true or false
An electrical power system consists of four major components with reliabilities of 0.99, 0.90, 0.80, and 0.95. If the designers want to improve the reliability of the system by adding a backup component, which component should get the backup to achieve the highest reliability?
A. Component 1 B. Component 2 C. Component 3 D. Component 4
The Fluffy Coin Laundry purchased new dryers for $112,000. Freight charges were $640, and installation amounted to $1,200. The dryers are expected to last 5 years and have a residual value of $4,000. The laundry elects to use the double-declining method of depreciation. What is the depreciation for year 2? (Round to the nearest dollar)
What will be an ideal response?